UK CPI Slows to 2.6%, But Sticky Core Inflation Keeps BoE Cautious

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UK inflation eased further in June, with headline CPI slowing from 2.8% yoy to 2.6% yoy, below expectations of 2.7%. Monthly CPI rose 0.1% mom, matching forecasts but slowing from May’s 0.2% increase. The data extends the UK’s gradual disinflation trend, suggesting overall price pressures continue to moderate even as heightened geopolitical tensions keep energy […]The post UK CPI Slows to 2.6%, But Sticky Core Inflation Keeps BoE Cautious appeared first on ActionForex.