The UK’s annual inflation rate rises to 2.9% in July, according to the Office for National Statistics, up from 2.6% in June. Outlets report this is the highest level since March. The figures indicate prices are moving upward again after a period of easing earlier in the year.

Sources attribute the change primarily to higher household energy costs. Retail-focused reporting highlights pressure on consumers and retailers, linking the inflation jump to energy bills. Euronews adds further detail, citing a 13% increase in the energy price cap that drives a sharp rise in gas prices, described as the biggest in almost four years.

While the outlets broadly agree on the inflation rate and the role of energy costs, they differ in emphasis: The Independent and Retail Gazette focus on the statistical month-to-month increase and its implications for living costs, whereas Euronews foregrounds the specific price-cap adjustment behind the energy-driven move.