Episode Details
Back to Episodes
Inflation Slows But Energy Threat Looms | UK News
Description
UK inflation dipped to 2.6% in June, driven by falling diesel and gas prices, plus discounts on chocolate, margarine, beef, and summer clothing. Still above the Bank of England’s 2% target, it’s a welcome slowdown from last month’s 2.8% and far below the 11.1% peak in October 2022. But with global oil prices rising due to Middle East tensions, energy costs could push inflation back up — so watch those bills and global markets closely.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/f9456d28a3fb1062