Home news UK inflation unexpectedly slows to 2.6% in June

UK inflation unexpectedly slows to 2.6% in June

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The UK’s inflation rate dropped unexpectedly to 2.6% in June, from 2.9% in May, official figures have shown.It is the first fall in the rate since October of last year and was largely down to lower petrol and diesel prices.Fuel prices fell for the fourth month in a row in June, according to the Office for National Statistics.However, inflation is still running ahead of average wage inflation, which is currently stands at 2% (excluding bonuses).
Source: BBC