Growth in consumer prices in the UK in May slowed to 2.2% on the same month last year, reported Bloomberg referring to data from the National Statistical Office of the country.

Analysts predicted a significant reduction in inflation - up to 2% from 2.3% in April.

Consumer prices in May compared with the previous month increased by 0.6%, while experts expected increase of 0.2%.

Despite the higher than expected rates of inflation last month, due mainly to the depreciation of the pound sterling, the British regulators predicted that growth in consumer prices will continue to slow.

Bank of England continues to implement the program redemption of corporate and government securities, totaling 125 billion pounds to prevent deflation.

published data are indicative of the rate of inflation did not fall as much as we anticipated, noted economist, Westpac Banking Corp. London James Shagg.

The weakening pound has its influence, - said the expert. - There are signs of economic recovery.

acceleration in inflation in May compared to April levels of 0.2% reflects an increase in taxes on alcohol and tobacco products, indicated in the report the statistical office.