FX.co ★ UK Core Inflation Rate Above Estimates

The United Kingdom's core inflation rate for June 2025 rose unexpectedly to 3.7% annually, exceeding both the previous month's rate and market predictions of 3.5%. This rise was mainly due to an increase in CPI goods inflation, which climbed to 2.4% from 2.0% in May. Conversely, CPI services inflation remained unchanged at 4.7%. On a month-to-month basis, core consumer prices grew by 0.4%, which is double May's rise of 0.2% and surpasses projections, indicating persistent underlying price pressures.