UK annual CPI inflation, eased slightly in June to 4.2% from the previous and the expected of 4.5%, on the month inflation in June dropped to 0.1% from the previous and market expectations of 0.2%. Core annual inflation dropped to 2.8% from the previous and market expectations of 3.3%.

The Retail Price Index (RPI) for the month of June was flat and below the previous and expectations of 0.3%, on the year the RPI was 5.0% below the previous and expectations of 5.2%. RPI excluding mortgage installment payments was 5.0% on the year from the previous and market expectations of 5.3% .