U.K. Inflation Slows To 15-Month Low

U.K. consumer price inflation slowed to the lowest since March last year on transport and food prices in June, data from the Office for National Statistics showed Wednesday.

The consumer price index climbed 2.6 percent year-on-year in June, slower than the 2.8 percent increase in May. Prices were expected to climb 2.7 percent.

On a monthly basis, consumer prices edged up 0.1 percent, as expected, compared to an increase of 0.2 percent in May.

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