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  • 4 minutes ago
Lower fuel and food costs helped slow inflation, offering temporary relief for household budgets. Economists warn higher energy costs could push inflation back up in the coming months.
Transcript
00:00Inflation has eased to 2.6% in June, offering some relief for household budgets after months
00:07of higher price rises. Lower fuel costs and slower increases for some food items
00:12helped drive the latest fall, according to the Office for National Statistics.
00:17But underlying price pressures remain, with services inflation edging higher.
00:22Economists also expect inflation to rise again as higher energy costs feed through incoming data.
00:28The latest figures may bring temporary encouragement, but many families and businesses are still facing
00:35ongoing pressure on everyday spending and household finances in the months ahead, as bills remain
00:41elevated despite the latest easing.
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