Several outlets report that economists expect UK consumer inflation to ease in June, with the CPI rate forecast to fall to 2.7% from 2.8% in May. The main factor cited is a drop in petrol and diesel prices, which is expected to reduce the overall measure of inflation. The outlets do not present figures for other components, but they link the month-to-month change primarily to energy-related transport costs. While the forecast points to a cooling trend in the June data, reporting also notes that households may still face an upcoming squeeze on energy costs, implying that inflation pressures could shift even if headline inflation moderates. The accounts are aligned in attributing the expected fall in CPI to lower fuel prices rather than to broader disinflation across all categories. Overall, the sources describe a near-term easing in inflation driven by petrol and diesel price movements, while acknowledging economic pressure on household energy spending.
Economists expect UK inflation to cool in June on lower petrol and diesel prices
Several outlets report that economists expect UK consumer inflation to ease in June, with the CPI rate forecast to fall to 2.7% from 2.8% in May. The main factor cited is a drop in petrol and diesel p...
- Economists forecast UK CPI inflation falls to 2.7% in June from 2.8% in May.
- The expected cooling is linked to lower petrol and diesel prices.
- All sources attribute the change in headline inflation primarily to fuel price movements.
- Reporting also references a potential upcoming household squeeze related to energy costs.
- The coverage reflects consensus among most economists cited by the outlets.
Most economists think a sharp drop in petrol and diesel prices will have helped pull the overall inflation rate down.
3 hours agoMost economists think a sharp drop in petrol and diesel prices will have helped pull the overall inflation rate down.
3 hours agoMost economists think a sharp drop in petrol and diesel prices will have helped pull the CPI inflation rate down to 2.7% in June, from 2.8% in May.
14 hours ago
David Warner pleads guilty to mid-range drink-driving charge in Sydney
Former Australia cricketer David Warner pleads guilty to a drink-driving charge after being stopped in Sydney earlier th...
Seth Joyner criticizes Mina Kimes on social media over Eagles rookie Makai Lemon comments
Former NFL linebacker Seth Joyner, who played for the Philadelphia Eagles and won Super Bowl XXXII, calls out ESPN analy...
Victor Wembanyama has awkward exchange with Knicks fan at Fanatics Fest
Video shared by outlets reports an awkward moment involving San Antonio Spurs star Victor Wembanyama and a young Knicks...