Aug 19, 2026, 12:48 PM

UK's annual inflation hits a 4-month high at 2.9%

UK's annual inflation hits a 4-month high at 2.9%

TEHRAN, Aug. 19 (MNA) – The consumer price index in the UK was at 2.9% in July, hitting its highest rate since March, the Office for National Statistics (ONS) announced on Wednesday.

The annual rate rose from 2.6% in June 2026, the ONS stated, Anadolu Agency (AA) reported.

On a monthly basis, consumer inflation was at 0.3% last month, up from 0.2% in June.

Housing and household services and furniture made the largest upward contributions to the inflation rate, while transport made the largest partially offsetting downward contribution.

Core CPI – excluding energy, food, alcohol and tobacco – rose by 2.6% in July, unchanged from June.

In July, producer input prices rose by 4.9% on a yearly basis, down from a revised rise of 7.4% in June.

Producer output, or factory gate, prices rose by 3.1% in July 2026, down from 3.5%.

On a monthly basis, producer input prices fell by 1.7%, and producer output prices rose by 0.2% in July 2026.

MNA

News ID 247100

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