![[Basket]](images/basket.png){kind=small}
Your order![[cover image]](images/issue/LR200307.jpg)
Pay and prices
Cheaper petrol squeezes RPI
Inflation dipped on both counts in May due to lower oil and petrol prices.
The headline rate was down to 3.0% and the underlying rate, which excludes mortgage interest rates, was down to 2.9% from 3.0% in April.