Summary
CONSUMER price inflation fell for a second month running in June, the Office for National Statistics said, but remained well above the Bank of England's 2% target.
The statistics agency said UK inflation slowed to 3.2% in June from 3.4% in May with the biggest downward impact coming from transport costs, mainly due to a fall in petrol prices.See the full content of this document
Extract
Escalation of Inflation Masked by Price Cuts
The pressure on motorists at the petrol pump may have eased, but the data showed a huge rise in car insurance costs - up 36% on a year...
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