U.K. Inflation Hits 3.4%
This is a U.K. news story, published by CNBC, that relates primarily to the Office for National Statistics news.
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inflation rateCNBC
•Business
Business & Economics
UK inflation hits 3.4% in May, meeting expectations

77% Informative
The U.K. 's annual inflation rate hit 3.4% in May , according to data released by the Office for National Statistics .
Inflation data is being closely watched by the Bank of England ahead of its meeting Thursday .
The central bank is widely expected to hold interest rates steady at its next meeting on Thursday .
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86
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