Why has inflation remained flat and where will it go from here?

Inflation in the UK stayed steady at 2.8% in May, the same as in April, according to the Office for National Statistics. This flat rate is unusual given the global trends of rising prices, raising questions about the UK's economic resilience. Analysts are closely watching whether this stability continues or if it's a temporary pause before a potential uptick. Understanding the underlying causes and future trajectory of inflation is crucial for both policymakers and consumers as it directly impacts cost of living and economic planning.