$GBIRYY - U.K Inflation Rises to a 2024 High (June/2025)

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GBIRYY
June/2025
source: Office for National Statistics
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- The annual inflation rate in the UK rose to 3.6% in June, the highest since January 2024, up from 3.4% in May and above expectations that it would remain unchanged.
The main upward pressure came from transport prices, mostly motor fuel costs, airfares, rail fares and maintenance and repair of personal transport equipment.
On the other hand, services inflation remained steady at 4.7%.
Meanwhile, core inflation also accelerated, with the annual rate reaching 3.7%.

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