#core-inflation
#core-inflation

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US politics

Inflation Rose to 2.7% in June as Housing Costs Soared and Trump's Tariffs Kicked In

Annual inflation in June reached 2.7%, driven by rising housing costs and higher prices for essential goods such as gas and groceries.

Annualised inflation increased to 3.0% in January, exceeding forecasts and prompting concerns for working households.

Core inflation rose to 3.7%, diminishing prospects for interest rate cuts by the Bank of England.

US politics

Annualised inflation increased to 3.0% in January, exceeding forecasts and prompting concerns for working households.

Core inflation rose to 3.7%, diminishing prospects for interest rate cuts by the Bank of England.

UK inflation falls marginally to 3.4%, indicating easing price pressures but remains above target.

Businesses warn of price hikes due to tariffs, but actual price increases remain limited, helping to keep inflation in check.

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