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27th Jun 2023 10:40U.K., Daily Monitor

  • Non-food shop prices in June were no higher than in May, according to the BRC; food price rises slowed too.
  • Motor fuel CPI inflation also will fall sharply in June, reducing its contribution to the headline rate by 0.4pp.
  • June’s sharp fall in the proportion of firms worried about energy prices also points to a drop in services inflation.

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Keywords for: 28 June 2023 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence