The Consumer Price Index (CPI) rose by 2.5% in the 12 months to June 2021, marking the strongest acceleration in inflation since August 2018, Office for National Statistics (ONS) figures show.
The 12-month inflation rate spells a 40-basis point uptick compared to the 2.1% rise over 12 months to May, while inflation for June alone increased by 0.5%, compared to a 0.1% uptick over the same...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date