CPI annual inflation fell from 3% in April to 2.8% in May 2012 according to data from the ONS. It is the lowest annual rate since November 2009 (1.9%). The index is 122.8 in May 2012 based on 100 in 2005.
The downward pressures came from motor fuel and food and non-alcoholic beverages. Upward pressure came from air and sea transport.
RPI inflation in May stands at 3.1% from 3.5% in April. It is the lowest since December 2009. Downward pressure came from petrol and oil and food, upward pressure came from other travel costs (incl. air transport).
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