UK Inflation Drops Slightly in June
UK inflation dropped slightly in June 2026, but higher energy costs are expected to push it back up. The UK's Office for National Statistics (ONS) reported a 0.2% decrease in the Consumer Price Index (CPI) in June, according to their latest data.
- The ONS defines the CPI as the average change in prices of a basket of goods and services over time.
- Higher energy costs are expected to continue driving inflation, with gas and electricity prices set to rise further in the coming months.
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