Lower fuel prices help drive inflation down to 2.6%
Prices rose by 2.6% in the year to June, down from 2.8% in the year to May, the Office for National Statistics (ONS) said.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"If retailers are to keep prices affordable for consumers in the long run, the Government needs to take practical steps to lower the everyday cost of doing business."
— Harvir Dhillon , Executive
"Both these changes are a win-win. They help keep inflation down, while helping people afford the essentials."
— John Healey , Politician
"Rate-setters may want to assess the impact of any measures announced by the new Prime Minister before deciding whether to tighten policy again."
— Suren Thiru , Academic
"Although the impacts from the initial energy shock have so far been relatively limited, if energy prices remain high for longer, second-round effects risk feeding through into wages and more broadly across the economy."
— Yael Selfin , Executive
Key People
Andy Burnham is the chief minister of Jersey and a prominent Labour Party figure.
Harvir Dhillon is an economist with the British Retail Consortium.
John Healey is the UK's Defence Secretary who recently resigned due to concerns over military funding.
Sarah Coles is the head of personal finance at AJ Bell.
Chief economist at the Institute of Chartered Accountants in England and Wales.
Chief economist at KPMG UK.
All Coverage
Prices rose by 2.6% in the year to June, down from 2.8% in the year to May, the Office for National Statistics (ONS) said.
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