Ammon News - Britain's inflation rate has slowed to a near three-year low, official data showed Wednesday, but the boost for embattled Prime Minister Rishi Sunak was unlikely to prevent his Conservatives from losing the upcoming general election to Labour, analysts said.

The Consumer Prices Index decelerated to 2.0 percent in May from 2.3 percent in April, the Office for National Statistics said in a statement citing easing growth in food prices.

UK inflation last stood at the Bank of England's 2.0-percent target in July 2021, before rocketing higher in a cost-of-living crisis fuelled largely by soaring energy and food bills.

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