UK inflation higher than forecast in May amid rising food prices

Latest inflation data showed rising food prices offset a drop in air fares and transport costs (PA) - (PA Wire)

UK inflation was higher than expected in May as rising food prices offset a drop in air fares and transport costs, new official figures show.

The rate of Consumer Prices Index (CPI) inflation fell to 3.4% in May from 3.5% in April, the Office for National Statistics (ONS) said.