FX.co ★ UK CPI Inflation Cools Sharply in May, Month‑on‑Month Rise Slows to 0.2%

UK consumer price growth eased notably in May 2026, with the month‑on‑month Consumer Price Index (CPI) rising 0.2%, down from a 0.7% increase in April. The latest data, updated on 17 June 2026, indicate a marked slowdown in the pace of price increases compared with the previous month.

On a month‑over‑month basis, the April reading showed prices accelerating by 0.7% versus March, while May’s 0.2% print reflects a more moderate increase from April. This deceleration suggests some easing in short‑term inflationary pressures, an important signal for policymakers, businesses and investors tracking the trajectory of UK price dynamics.