Proactive Investors - UK inflation, as measured by the consumer price index, rose 0.1% over the month of June, as expected, which meant the annual rise in CPI remained at 2.0% for the second month running, though the forecast was for 1.9%.
A 2% annual rate of CPI is the key target for the Bank of England, with the monetary policy committee next due to meet on 1 August.
Core CPI, which excludes more volatile prices such as food and fuel, also remained at 3.5% in June.
Services sector CPI, a key measure watched by the BoE’s monetary policy committee as an indicator of persistent inflation, stayed at 5.7%.