UK Inflation Eases as Election Approaches, Fuel Prices Still High

Retailers' efforts lead to lowest shop price inflation since 2021, but families continue to face high fuel costs.

Annual shop price inflation fell to 0.2% in June, the lowest since October 2021.
Food inflation decreased for the 14th consecutive month, now at 2.5%.
Non-food prices saw a 1% deflation, driven by discounts on items like TVs.
Despite falling fuel prices, the cost of petrol and diesel remains high in Great Britain.
The upcoming election could see the next government benefit from these economic shifts.