India, July 22 -- The UK's annual inflation rate eased more than expected in June, offering fresh relief to households facing high living costs. Official figures released by the Office for National Statistics (ONS) showed the Consumer Prices Index (CPI) rose 2.6% in the 12 months to June 2026, down from 2.8% in May and below market expectations.

Lower fuel prices, easing food costs and summer discounts on clothing helped show inflation, while the latest data is expected to play an important role in the Bank of England's next interest rate decision.

UK Inflation Rate 2026: UK Consumer Prices Index Slows 2.6% in 12 Months

The Office for National Statistics (ONS) reported that the Consumer Prices Index (CPI) increased 2.6% in the 12 month...