UK inflation drops to 2.6% to bring 'fleeting' relief as fuel prices fall

BoE rate hike priced in for 2026

Michael Nelson
clock • 4 min read
UK inflation drops to 2.6% to bring 'fleeting' relief as fuel prices fall

The UK Consumer Prices Index (CPI) fell to 2.6% in the 12 months to June 2026, down from 2.8% the previous month, as lower energy prices brought inflation down.

Transport – particularly motor fuels – and food and non-alcoholic beverages made the largest downward contributions to the monthly change in CPI, according to the latest data from the Office for Na...

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