'Sterling will suffer in the short term': Inflation unchanged at 2.4% in June

Upward pressure from motor fuels

Natalie Kenway
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ONS releases inflation figures for June
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ONS releases inflation figures for June

Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.

The Office for National Statistics said the rate was unchanged on the previous month at 2.4%, its joint-lowest level in 14 months. Upward pressure on prices came from motor fuels, domestic gas and electricity...

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