Britain's rate of inflation unexpectedly fell to a two-and-a-half-year low in May, official data showed.
The rate of inflation dropped to 2.8 per cent in May, from three per cent in April, the Office for National Statistics (ONS) said, the lowest level since November 2009. Analysts expected the rate to remain unchanged.
Price increases for petrol, food and energy had been substantially weaker in May compared with 12 months earlier, the ONS said.
Inflation has fallen from 5.2 per cent last September due to the waning impact of the value added tax (VAT) hike at the start of 2011.
Keep reading - next article