In the 12 months to May 2026: • The Consumer Price Index (CPI) rose 4.0%, down from 4.2% in the 12 months to April 2026. • The largest contributors to annual inflation were Housing (+6.5%), Food and non-alcoholic beverages (+3.3%) and Transport (+3.3%). • Trimmed mean inflation was 3.6%, up from 3.4% in the 12 months to April 2026. In the month of May, the CPI fell 0.7% in original terms and 0.1% in seasonally adjusted terms. {charts} This chart shows the annual contributions of the individual components summing to the total CPI annual movement. Any differences in the sum of the individual components and the total ... (full story)