London, Yiannis Haniotakis

The annual inflation in the UK was maintained in 3.4% for May Mayaccording to the latest data released by the British Statistical Service (ONS). The consumer price index remains unchanged compared to April, when there was a significant increase due to “inflated” energy bills, municipal fees and other living expenses.

The greatest contribution to the retention of the index came from the transport sector. On the contrary, the main upward pressures came from increases in food prices, furniture and household items, which partially offset transport reductions.

As explained by the Deputy Head of Statistical Economist, Richard Haye; “Airline tickets declined this month, compared to the large increase in the same period last year, when Easter and school holidays affected prices. Meanwhile, the cost of fuel drive has also fallen. These were partially offset by the increase in food prices, especially species such as chocolates and meat products. The cost of furniture and household species, including refrigerators and electric garbage, has also increased. “

The Minister of Finance Rachel Reeves He said they must become “more” to reduce inflation and improve the situation of workers. As he added, “We made the necessary decisions to stabilize public finances and control inflation after the two -digit increases we have seen under the previous government, but we know that there is still much to do.”

For his part the shadow Minister of Finance Mel Straid spoke of ‘deeply worrying » data. “Labor choices kill growth and feed inflation, making everyday essentials more expensive.”he argued.