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17 July 08:01

The UK's inflation rate rose to 3.6% in June, beating economists' expectations, and sterling appreciated slightly.

Sanziana Georgescu

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Economy

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UK annual inflation reached 3.6% in June, beating forecasts of 3.4%. Core inflation rose to 3.7%, with fuel prices weighing on the increase. The Chancellor of the Exchequer highlighted cost of living difficulties and the Bank of England may cut its benchmark interest rate amid a stagnating economy. Employment data will influence the central bank's future decisions.

Sources

Inflaţia din Marea Britanie a depăşit aşteptările în iunie, ajungând la 3,6%

Inflaţia din Marea Britanie a depăşit aşteptările în iunie, ajungând la 3,6%

Inflația din Marea Britanie a depășit așteptările

ȘTIRI PE ACELEAȘI SUBIECTE

International

The Bank of England cut its monetary policy interest rate by 25 basis points to 4.0%, in line with economists' expectations.

Diaspora

Long-term borrowing costs in the UK have reached their highest level in 27 years, putting pressure on the government and citizens.

Economy

The annual rate of inflation climbed to 7.8% in July, driven by rising electricity prices, beating analysts' forecasts.

International

The inflation rate in the euro area reached 2.1% in August 2025, due to rising food and service prices, while core inflation remained steady at 2.3%.

Economy

The NBR will keep interest rates unchanged, pending clarification on inflation, which is expected at 7.5% at the end of the year.

Economy

Romania recorded annual inflation of 6.6% in July 2025, up from the previous month, while Cyprus, France and Ireland had the lowest rates.

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United Kingdom inflation fuels pound sterling

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