Inflation close to 'topping out' as CPI holds steady at 2.6% in July

Unchanged from previous month

clock • 1 min read

Inflation held steady at 2.6% in July, unchanged from the previous month, despite forecasts of a rise to 2.7%, according to the latest monthly figures from the Office for National Statistics (ONS).

While inflation remained steady, it still sits above the Bank of England's 2% target. Motor fuel prices provided the biggest downward contributor, falling 1.3% between June and July, its fifth m...

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