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Why UK inflation has fallen to a 15-month low – everything we know

Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleUK inflation, measured by the Consumer Prices Index (CPI), dropped to 2.6 per cent in June, marking its lowest rate in 15 months. According to the Office for National Statistics, this figure is down from 2.8 per cent in May and came in below the 2.7 per cent economists had anticipated. The primary factors contributing to the decline were lower petrol and diesel prices, alongside a decrease in food and non-alcoholic drink prices. Newly appointed Chancellor John Healey said: “Falling inflation is news families want to hear, but there is much more to do to give people the breathing space they need.”The government, under Prime Minister Andy Burnham, has announced measures to tackle the cost of living, including making electricity bills VAT-free from October and introducing a £2 cap on bus fares from January. In fullUK inflation falls to 15-month low in June thanks to lower petrol pricesMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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