According to figures released by the Office for National Statistics this morning, annual underlying inflation for June stood at 2.2%. This is up from 2.1% in May but still below the Government’s target of 2.5%. The headline inflation rate, which includes mortgage interest payments, remained unchanged from May at 1.3%.
Subscribers can access RPI trends by selecting “Encyclomedia” from the drop-down box at the top of this page.
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