Chancellor says ‘there’s more to do’ on reducing inflation after technical drop
Chancellor Rachel Reeves said "there's more to do" after the latest inflation figures were slightly lower than the official-but-incorrect April data.
Economists' attention will move to tomorrow's Monetary Policy Committee decision on interest rates after May's rate of inflation was revealed as 3.4%.
Technically this was lower than April's official figure of 3.5%, although unusually the Office for National Statistics had published information about an error in its data which if it had been correct would have resulted in that mont... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
