There were also large upward effects from air and sea fares, which rose between April and May this year but fell between the same two months a year ago, influenced by the timing of Easter. Partially offsetting downward effects came from price changes for games, domestic electricity, food and non-alcoholic beverages, and furniture and furnishings. The Consumer Prices Index (CPI) 12-month rate was 2.4% in May 2018, unchanged from April 2018.
UK CPI unchanged in May
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.3% in May 2018, up from 2.2% in April 2018. Rising motor fuel prices produced the largest upward contribution to the change in the rate between April and May 2018.
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