'Sterling will suffer in short term': June inflation unchanged at 2.4%

Upward pressure from motor fuels

Natalie Kenway
ONS releases inflation figures for June

ONS releases inflation figures for June

Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.

The Office for National Statistics said the rate was unchanged on the previous month at 2.4%, its joint-lowest level in 14 months. Upward pressure on prices came from motor fuels, domestic gas and electricity...

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