Did UK inflation stabilise in May?
After surging in April, UK inflation is expected to stabilise over the next few months — albeit remaining at historic levels — before reaching new heights later this year.
Economists polled by Reuters expect UK consumer price growth to have hit 9.1 per cent on an annual basis in May. That figure would represent little change from the 40-year high of 9 per cent reached in April, when a jump in the…