UK Inflation Falls to 2.6% in June, Lower Petrol Prices Beat Forecast
UK consumer price inflation fell to 2.6% in June, missing the 2.7% forecast, as a drop in petrol prices cooled the annual reading. Core CPI held steady at 2.6%, while services price growth eased to 3.6% but remained above the 3.5% estimate. Producer price input costs also retreated, dropping 2.0% month over month and sliding to 7.3% year over year, both better than expected.
The data offers temporary relief to new Prime Minister Andy Burnham as he seeks to ease living costs, though persistent services inflation may keep price pressures on the policy agenda.
From the sources (22 posts)
@financialjuice🔴 UK CORE CPI YOY ACTUAL 2.6% (FORECAST 2.5%, PREVIOUS 2.6%) $MACRO
@financialjuiceUK PPI INPUT PRICES MOM ACTUAL -2% (FORECAST -0.8%, PREVIOUS 0.2%) $MACRO
@financialjuiceUK PPI INPUT PRICES YOY ACTUAL 7.3% (FORECAST 8.2%, PREVIOUS 8.7%) $MACRO
@financialjuice🔴 ⚠️ BREAKING: UK CPI YOY ACTUAL 2.6% (FORECAST 2.7%, PREVIOUS 2.8%) $MACRO
@financialjuiceUK PPI OUTPUT PRICES YOY ACTUAL 3.5% (FORECAST 3.5%, PREVIOUS 4.0%) $MACRO
@financialjuiceUK RPI MOM ACTUAL 0.3% (FORECAST 0.25%, PREVIOUS 0.2%) $MACRO
@financialjuiceUK PPI OUTPUT PRICES MOM ACTUAL 0% (FORECAST -0.2%, PREVIOUS 0.5%) $MACRO
@financialjuiceUK CORE CPI MOM ACTUAL 0.3% (FORECAST -, PREVIOUS 0.3%) $MACRO
@financialjuiceUK CPI June 2026 Report
@financialjuiceUK PPI June 2026 Report
@firstsquawkUK (jun) Core CPI YoY actual: 2.6% vs 2.6% previous;est 2.5%
@firstsquawkUK (jun) CPI Services YoY actual: 3.6% vs 3.7% previous;est 3.5%
@firstsquawkUK (jun) RPI MoM actual: 0.3% vs 0.2% previous;est 0.3%
@firstsquawkUK (jun) RPI YoY actual: 3.0% vs 3.1% previous;est 2.9%
@firstsquawkUK (jun) RPI Ex Mortgage Interest Payments YoY actual: 2.9% vs 3.0% previous
@firstsquawkUK (jun) PPI Output NSA MoM. actual: 0.0% vs 0.5% previous;est -0.2%
@firstsquawkUK (jun) PPI Output NSA YoY.actual: 3.5% vs 4.0% previous;est 3.5%
@firstsquawkUK (jun) PPI Input NSA MoM.actual: -2.0% vs 0.2% previous;est -0.8%
@firstsquawkUK (jun) PPI Input NSA YoY.actual: 7.3% vs 8.7% previous;est 8.2%
@ftUK inflation falls more than expected to 2.6% in June
@reutersbizBritish inflation cooled by more than expected last month driven by a fall in petrol prices after a brief de-escalation in the Iran war, but the slowdown offers only temporary relief to new Prime Minister Andy Burnham as he seeks to ease l
@reutersBritish inflation cooled by more than expected last month driven by a fall in petrol prices after a brief de-escalation in the Iran war, but the slowdown offers only temporary relief to new Prime Minister Andy Burnham as he seeks to ease l