UK Inflation Falls to 2.6% in June

New UK Prime Minister Andy Burnham is capping English bus fares at £2 - outside London; they’re already £1.75 in the capital. He got a short-term boost with his finances. Inflation is down to 2.6%, but thanks to Trump’s War it’ll be heading back up soon.

UK inflation falls to 2.6% in lift for Burnham’s cost of living plans

I may be wrong but wasn't Keir Stamer PM in June? Therefore Burnham has KS to thank for inflation fall.

Canada extends the string of softer-than-expected inflation readings for advanced economies: June headline inflation in Canada cooled significantly to 2.8%, driven by a 0.4% month-on-month decline in the CPI index. This latest print is a notable drop from May's 3.2% and better than... 1 of 2

Basic wage growth (3.4%) is still outpacing inflation (2.6%), as it has done for the past 2 years under the Labour Government. Why don't we ever hear this from the media? www.bbc.co.uk/news/live/c6...

... to pay for the higher bills (for instance in the UK), and how the former meant inflation ended up under most comparator nations and settled at a lower equilibrium, which had longterm effects on interest rates, borrowing to invest etc. I do think there is a logic to preferring measures that 2/

Housing is a part of CPI. How the Consumer Price Index Relates to the Housing Market share.google/ZOlfwtJcct7L... Measuring Price Change in the CPI: Rent and Rental Equivalence : U.S. Bureau of Labor Statistics share.google/3N2TKueQvOsF...

I checked because I was curious. The latest food CPI is from June 2026 and that's three times what it was in July 1986 so almost exactly 40 years for food to triple.

The Consumer Prices Index (CPI) rose by 2.6% in the 12 months to June 2026, down from 2.8% in the 12 months to May 2026. t.co/tEsyKjjlXA

Everyone's personal inflation will be different, depending on what they spend their money on. If inflation falls because of a reduction in the cost of items only purchased by those on higher incomes, there is no joy for those struggling to make ends meet.

Hong Kong Consumer Price Index, June 2026 Composite CPI ↑2.0% y-o-y (vs ↑2.0% in May) By sector, - Food ↑0.3% - Housing ↑1.1% - Utilities ↑9.2% - Alcohol, tobacco ↑0.1% - Clothing, footwear ↑0.7% - Transport ↑5.3% - Medical services ↑12.2%

Welcome - and slightly larger than expected - fall in UK CPI inflation in June to 2.6% (2.8 in May). But, with conflict in the Middle East resuming, this is likely to prove short lived, meaning the government is right to focus on cost of living pressures. Thread to follow...

The UK government compounds this via a large series of things that are effectively inflation linked, from benefits like the state pension that are explicitly inflation linked through to the minimum wage which via the quango that recommends does in practice track inflation.

In June, Canada's CPI dropped 0.1% after seasonal adjustment, although it was up 2.8% on a YoY basis and 2.7% on a 3-month annualized basis. philipsmith.ca/CPI

“False sense of security” ‘Bad News Expected’ - inflation falls yet Sky News actually manage to work BAD NEWS into their headline (as predicted)! This is an editorial choice - anything about the Labour government must be negatively framed because the station bosses want regime change #r4today