Coronavirus: UK inflation rate falls to 0.5%

Coronavirus: UK inflation rate falls to 0.5%

The UK’s inflation rate fell to 0.5% in May, the second full month of the coronavirus lockdown, as most shops were shut by the pandemic.

The Consumer Prices Index (CPI) fell from 0.8% in April, the Office for National Statistics (ONS) said.

Supermarkets were among the few shops allowed to open during the month and food prices rose.

However, this rise was offset by a fall in clothing and…

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