Why Has Inflation Risen Unexpectedly and What Does It Mean for Households?

Why has inflation risen unexpectedly and what does it mean for households?

Official data showed Consumer Prices Index inflation rose to 3.6% in June, up from 3.4% in May and the highest since January 2024. Inflation hit its highest level for nearly a year-and-a-half in June after a surprise increase. Official data showed Consumer Prices Index (CPI) inflation rose to 3.6% in June, up from 3.4% in May and the highest since January 2024. The rise was unexpected, with inflation forecast by most economists to remain at 3.4%…

Inflation Surges to Highest Level Since January 2024 in June

Inflation surged to its highest level since January 2024 in June, according to the latest data released by FocusEconomics. The unexpected rise underscores ongoing pressures in the global economy as supply chain disruptions and rising commodity prices continue to impact consumer costs. This uptick in inflation signals potential challenges ahead for policymakers striving to balance economic growth with price stability. Inflation Surges to Peak Lev…

Inflation sees June jump - East Midlands Business Link

Inflation ticked up in June, according to new figures from the Office for National Statistics (ONS). Measured by the Consumer Prices Index (CPI), inflation was stronger than expected at 3.6% in the 12 months to June, up from 3.4% in the 12 months to May. On a monthly basis, CPI rose by 0.3% in June […]

Inflation refuses to budge | Scottish Grocer & Convenience Retailer

Annual inflation rate remains above 4% in June The annual rate of inflation has refused to budge below 4% for the third month in a row as meat products costs push up overall prices. CONSUMER price inflation has refused to shift below 4% for the third month in a row, according to the latest data from the Office for National Statistics (ONS). Covering consumer prices including housing costs (CPIH), the figure stood at 4.1% in the year to the end o…

Consumer price inflation, UK: June 2025