UK inflation unexpectedly rises to 3.6% in June

Britain’s annual inflation rate rose more than expected in June, reaching 3.6%, according to official figures released Wednesday by the Office for National Statistics (ONS).

The increase from 3.4% in May surprised analysts, who had widely predicted no change for the month. The unexpected jump raises concerns about the pace at which inflation is easing and may influence the Bank of England’s upcoming decisions on interest rates.

Further details on the contributing factors behind the rise are expected in the full ONS report.

SR