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- The UK's latest inflation figure for the 12 months to June will be announced shortly
- Most economists expect the rate to fall slightly from the 2.8% figure in May
- The Bank of England's target for inflation is 2%
- Inflation measures the increase in prices over time. A fall in inflation doesn't mean things are getting cheaper - it means the pace of price increases is slowing down
Latest UK inflation figure about to be released
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1 min read
The rate was 2.8% in May - above the Bank of England's 2% target. Most economists expect a slight fall in June's figure, driven by a drop in petrol prices.
