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British inflation dramatically slows in June

18 July 17 - RE+D Magazine
British inflation dramatically slows in June

COMPANIES

ETAD.A.E.

Public entity - GREECE

Savills

Consultant - GREECE

IBI Group

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
British inflation slowed dramatically in June as fuel prices slumped, easing pressure on the Bank of England to raise interest rates at its next monetary policy meeting in August.

 

Consumer prices increased by only 2.6%, the Office for National Statistics (ONS) said according to cityam.com,

with the consumer price index (CPI) and the index including housing costs (CPIH) both showing the same figure.

A poll of consensus expectations had predicted consumer price index (CPI) inflation to remain steady at the 2.9 per cent rate seen in June.

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