Bank of England now expected to only raise rates to 5.25% in August, after UK inflation falls faster than expected in June
UK inflation expected to fall after grocery price rises ease
Importantly, underlying inflation has dropped in June too.
Core CPI, which excludes energy, food, alcohol and tobacco, rose by 6.9% in the 12 months to June 2023, down from 7.1% in May (which was a 30-year high).
Subscribe
Login
0 Comments