ONS said annual inflation rose to 2.9% in July, matching market expectations and up from 2.6% in June, mainly driven by a 13% increase in Ofgem’s price cap on household gas and electricity bills that took effect on July 1.

2026-08-19

ONS said annual inflation rose to 2.9% in July, matching market expectations and up from 2.6% in June, mainly driven by a 13% increase in Ofgem’s price cap on household gas and electricity bills that took effect on July 1.