City economists predict annual rate will fall from 8.7% recorded in April and May – still higher than eurozone
- How Britain became the G7’s inflation outlier – in one chart
The UK’s inflation rate is expected to drop this week but is likely to remain four times over the Bank of England’s official target of 2%.
City economists predict that June’s consumer prices index will fall to about 8.2% in the 12 months to June, down from the stubbornly high 8.7% recorded in April and May.
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