UK inflation sinks below target


Annual inflation in the United Kingdom, as measured by the change in the consumer-price index (CPI), slumped below the Bank of England's 2% target for the first time since September 2007 in June, data released on Tuesday revealed.

The data showed annual inflation fell from 2.2% in May to 1.8% last month. The retail-price measure - which includes housing costs - was -1.6%, down from -1.1% for May.

The largest downward pressure was from food and non-alcoholic drinks, while a significant downward e

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: