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UK: Inflation set to have cooled in June ahead of household energy squeeze
UK inflation is set to have eased last month in a temporary boost for the new Prime Minister ahead of a jump in the household energy price cap. Official figures for June's Consumer Prices Index (CPI) will be published on Wednesday, two days after Andy Burnham took the reins and formed a new Cabinet. Most economists think a sharp drop in petrol and diesel prices will have helped pull the overall inflation rate down to 2.7% in June, from 2.8% in May. The RAC said the average price of a litre of diesel at UK forecourts dropped by more than 16p from the start to the end of June – the largest fall since records began in ... (full story)
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The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 2.8% in the 12 months to June 2026, down from 3.0% the previous month. On a monthly basis, CPIH rose by 0.2% in June 2026, compared with a rise of 0.3% in June 2025. The Consumer Prices Index (CPI) rose by 2.6% in the 12 months to June 2026, down from 2.8% the previous month. ...
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- Jul 21, 3:49pm | 13 hr ago Posted byFundamental Analysis943
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