UK inflation rises by more than expected as summer travel increases air fares

Yorkshire Post

UK inflation rose by more than expected in July as demand for summer travel pushed up air fares and food prices continued to climb, according to official figures. Consumer Prices Index (CPI) inflation increased to 3.8% in July, from 3.6% in June, the Office for National Statistics (ONS) said.

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00:00Hello, I'm Greg Wright of the Yorkshire Post. UK inflation arose by more than expected in July

00:06as demand for summer travel pushed up airfares and food prices continued to climb.

00:14CPI inflation increased to 3.8% in July from 3.6% in June, according to the ONS.

00:22Most economists have been forecasting inflation to rise to 3.7%.

00:27It means the headline rate remained at the highest level since January 2024 when it hit 4%.

00:35The ONS said the school summer holidays helped to bump up travel costs last month

00:41which helped drive up inflation across the UK.

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