British 12-month inflation fell to a rate of 2.8 percent in May -- the lowest level for more than two years, official data showed on Tuesday. The annual inflation rate dropped from a level of 3.0 percent in April to reach the lowest point since November 2009, the Office for National Statistics said in a statement. Price increases for food, fuels and energy had been substantially weaker in May compared with 12 months earlier, the ONS said. Analysts\' expectations had been for the annual rate to remain at 3.0 percent, according to a poll by Dow Jones Newswires. The Consumer Prices Index (CPI) meanwhile dipped by 0.1 percent in May on a month-on-month basis, the ONS added.
GMT 11:59 2017 Sunday ,31 December
China temporarily waives taxes to get foreign firms to stayGMT 09:13 2017 Wednesday ,27 December
Israel to halt trade in cryptocurrency-based firmsGMT 10:43 2017 Thursday ,21 December
American Ambassador David Hale meets trade leadersGMT 10:41 2017 Thursday ,21 December
China Pakistan Economic Corridor speedily turning into reality: Ahsan IqbalGMT 10:40 2017 Thursday ,21 December
Eni and Shell to stand trial in Italy over Nigeria kickback scandalGMT 11:48 2017 Tuesday ,19 December
Japan raids firms over alleged maglev bid-riggingGMT 05:36 2017 Monday ,18 December
UBS boss says bitcoins 'not money', urges regulators to actGMT 06:29 2017 Sunday ,17 December
Britain, China speed up bid to link stock marketsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©