Consumer price inflation, UK: May 2022

Consumer price inflation, UK: May 2022

From ons.gov.uk

The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 7.9% in the 12 months to May 2022, up from 7.8% in April. The largest upward contributions to the annual CPIH inflation rate in May 2022 came from housing and household services (2.79 percentage points, principally from electricity, gas and other fuels, and owner occupiers' housing costs) and transport (1.50 percentage points, principally from motor fuels and second-hand cars). On a monthly basis, CPIH rose by 0.6% in May 2022, compared with a rise of 0.5% in May 2021. The Consumer Prices Index (CPI) rose by 9.1% in the 12 months to May ... (full story)

I think this is a good data for uk, core inflation going down now.

dont worry stimulus is coming to bring it back up

- Older Stories
High Fuel Prices in the U.S. May Crimp Oil Demand Soon
From dallasfed.org|Jun 22, 2022
Oil prices have surged, with benchmark West Texas Intermediate (WTI) crude jumping from an average $71 per barrel in December 2021 to $109 in May 2022. U.S. inventories of ...
Iran nuclear talks on the verge of collapse
From orfonline.org|Jun 22, 2022
The revival of the Iran nuclear deal, known formally as the Joint Comprehensive Plan of Action (JCPOA), has proven more arduous than what many of its proponents expected and its ...
Lebanon, Syria, Egypt sign gas import agreement
From arabnews.com|Jun 21, 2022
Lebanon, Syria and Egypt on Tuesday agreed to ship 650 million cubic meters of natural gas per year from Egypt to Lebanon via Syria, part of a US-backed effort to address ...

- Newer Stories
Russia Persists With Rerouting Exports
From energyintel.com|Jun 22, 2022
Russia will continue its efforts to diversify crude oil exports to non-European markets with the share of shipments to the Asia-Pacific region to grow, officials and oil companies ...
Europe Faces “Red Alert” For Gas Supply As Russia Reduces Flows
From oilprice.com|Jun 22, 2022
The risk of a difficult winter of gas rationing for industries and another surge in energy bills for consumers in Europe just became greater as Russia escalated the gas row with ...
China May No Longer Be A Pillar Of Growth For Global Oil Markets
From oilprice.com|Jun 22, 2022
After a relentless seven-month march, the oil price rally appears to be in danger of collapsing after oil prices pulled sharply from their recent highs. Oil prices have been ...