Sunak Says Inflation ‘Back to Normal’ After Reaching Target

Prime Minister Rishi Sunak has hailed the drop in inflation to the 2 percent target in May as “great news,” adding that the UK economy “has turned a corner.” The figures published by the Office of National Statistics (ONS) on Wednesday showed inflation easing last month to 2 percent from 2.3 percent in April. Inflation slowdown was driven by falling food prices, but was offset by the rising costs of motor fuels and transport. When Mr. Sunak took office as prime minister in October 2022, the inflation rate stood at its peak of 11.1 percent. Throughout the duration of his office, Mr. Sunak had made inflation one of the government’s key priorities, promising to bring it back to two percent....