UK inflation cools faster than expected to 2.6% in June as food and fuel prices drop – business live

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Guardian Business

UK inflation cools faster than expected to 2.6% in June as food and fuel prices drop – business live

Rolling coverage of the latest economic and financial news Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Some welcome news to kick off the day: inflation in the UK slowed in June to 2.6%. Food prices fell this month, driven by products including chocolate, margarine and beef. Clothing prices also fell with the start of summer sales, with bigger discounts t…