The U.K.'s output price inflation eased to 1.7 percent in July from a revised 2 percent in June, the latest figures from the Office for National Statistics showed Friday.
The last time the annual rate was lower was in October 2009, when the index rose 1.5 percent, according to the statistical office. Economists had forecast the rate of inflation to ease to 2 percent from June's originally estimated 2.3 percent.
On a monthly basis, the output price index remained flat in line with expectations.
Annually, input prices fell 2.4 percent compared to expectations for a 1.5 percent fall. Month-on-month, the index rose 1.3 percent as expected.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.