Consumer prices rose 2.6% in the 12 months to June, down from 2.8% in May and the lowest annual rate since March 2025, the Office for National Statistics said Wednesday. The reading was below economists' median forecast of 2.7% and marked the third straight month inflation undershot expectations.

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The rate of Consumer Prices Index inflation fell to 2.6 per cent in June from 2.8 per cent in May, the Office for National Statistics said today.

Newly appointed Chancellor John Healey said falling inflation is ‘news families want to hear’