Spain 12-Month Letras Auction up to 1.395% from 1.015%

According to data released today by National Statistics, UK annual inflation rose 3.1% in May, up from 2.4% growth registered the previous month. This result is above forecasts of 2.6%. On a monthly basis UK CPI was at 0.2% in May, following +0.2% in April, slightly above expectations of +0.1%.