UK June CPI +2.6% vs +2.7% y/y expectedPrior +2.8%UK June core CPI +2.6% vs +2.5% y/y expectedPrior +2.6%As expected, UK headline annual inflation eased in June but the real surprise in this report is that core annual inflation came in higher than estimated. That contrasts with analyst expectations, with some potential downside risks flagged prior the report release even.In terms of monthly estimates, headline inflation was up only 0.1% on the month but core inflation was seen up 0.3% (vs estimated 0.2%).More to come.. This article was written by Justin Low at investinglive.com.