🚨🇬🇧 UK Inflation Surprises, Rises to 3.6% in June—Fuel Prices to Blame

🔹UK inflation unexpectedly rose to 3.6% in June, up from 3.4%, driven by higher fuel and transport costs, per ONS data. Core inflation also ticked up to 3.7%, complicating the Bank of England’s plans for further rate cuts. With inflation staying above the 3% mark for a third month, hopes for a rate cut in August now face uncertainty.

-Yahoo