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June’s flat inflation dashes hopes of interest rate hike

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UK inflation throughout June remained flat at 2.4 per cent, sending the value of the pound diving to a 10-month low. READ MORE:  June footfall dips despite World Cup spending boost World Cup fever boosts June retail sales (BRC-KPMG) Online retail growth stays strong in June amid World Cup fever Food inflation holds steady as overall shop prices dip (BRC-Nielsen) No signs of consumer confidence improving ahead of Brexit  British grocery sector achieves 2 years of consecutive growth May retail sales smash all expectations (ONS)   According to new data from the Office for National Statistics, inflation held steady for the second month in a row, coming in below average analysts’ expectations of 2.6 per cent

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June’s flat inflation dashes hopes of interest rate hike

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