Business · 19 July 2026
Inflation expected to ease to 2.6% before Andy Burnham becomes prime minister
Economists expect Consumer Prices Index inflation to fall from 2.8% in May to 2.6% in June, with official figures due on Wednesday. They say lower petrol and diesel prices helped bring inflation down, although the energy price cap rose 13% to £1,862 a year from the start of July. Analysts also warned inflation could climb again later this year as energy and food costs increase.
Reported by City AM · How we write briefs