UK inflation stays at 2 per cent in June

Consumer prices in the UK rose 2 per cent in June compared with a year ago, the same rate of inflation as in May and in line with the Bank of England's target.

Data from the Office for National Statistics showed that housing costs such as rents and utility bills increased over the past year. The Consumer Price Inflation measure targeted by the central bank does not include the costs of owning and maintaining a home nor council tax.

Clothing and footwear were among the very few components of the CPI that posted a fall in prices last month.

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