Inflation latest: June CPI figures to be released as food costs continue to increase
Experts estimate food prices to continue acceleration
Looking deeper into the numbers, Barclays analysts expect the same 3.4 per cent – but for food to carry on rising.
โHeadline CPI inflation should remain at 3.4% in June, unchanged from May, with a deceleration of services price growth driving an easing in core CPI. We expect an acceleration of food price inflation but core goods and services to undershoot the BoE’s expectations,โ wrote analysts in a note.
Karl Matchett16 July 2025 06:24
UK inflation: Where next after 3.4 per cent in May?
As a reminder and a look back, it was air fares and fuel which fell last month, but food was increasing at the highest rate in 12 months, with household goods also increasing in price.
That resulted in a 3.4 per cent inflation rate for May.
A month earlier the CPI figure was 3.5 per cent, which was later revised to 3.4 per cent due to errors in some figures regarding vehicles.
So, weโre expected to flatline again in terms of inflation for June – it could even tick up to 3.5 per cent again.
Karl Matchett16 July 2025 06:14
Will Rachel Reevesโ mortgage bombshell do more harm than good?
The chancellor is right to woo the City โ she canโt risk alienating them when she needs their support, writes James Moore.
But heโs not convinced her plan to win them over will work…
Karl Matchett16 July 2025 06:05
Inflation and Business news – 16 July
Good morning and welcome to The Independentโs live business blog, where today weโre focusing on inflation figures for June as well as reaction to Rachel Reevesโ speech last night, stock market news and more.
Karl Matchett16 July 2025 05:58
