# UK inflation rate slides to 7.9% in June, below expectations

> UK headline CPI slowed to 7.9% annually in June from 8.7% in May, below the 8.2% consensus. Core inflation stayed at 6.9%, and monthly headline CPI rose 0.1% against a forecast of 0.4%.

- Date: 2023-07-19 · published 2023-07-19T12:00:00.000Z
- Category: report · region UK · magnitude low
- Page: https://feedsoft.ai/events/35295-uk-inflation-rate-slides-to-7-9-in-june-below-expectations
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The inflation data is a UK macro release that eases pressure on Bank of England policy, with no direct price implication for feed commodities.

## Sources

- cnbc.com: https://www.cnbc.com/2023/07/19/uk-inflation-rate-slides-to-7point9percent-in-june-below-expectations.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.