Inflation is expected to have been stagnant in June, as the economy continues to be subdued amid Brexit uncertainty. Inflation is expected to have been stagnant in June, as the economy continues to be subdued amid Brexit uncertainty. In May inflation fell from 2.1% in April to dead on the Bank of England’s inflation target. A major slowdown in energy price inflation is expected to have been one of the most significant factors in June’s inflation rate. Analysts have also predicted a decline in video games prices amid a quieter summer sales period.
Source: Irish Independent July 16, 2019 15:00 UTC