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UK Inflation Jumps to 2.9% as Energy Bills Fuel Fresh Squeeze
CPI hit 2.9% in July on a 13% energy cap rise, erasing months of easing and reviving pressure on households and the government.
Cosa sapevamo all'inizio
- UK CPI rose to 2.9% in year to July 2026, up from 2.6% in June.
- Ofgem raised energy price cap by 13% on 1 July, adding £221 to typical bill.
- Food prices rose 1.3%, lowest rate for nearly five years.
Allora ancora aperto
- No verified oil price, gilt yield, or budget date is established in the sources for August to October.
Cosa avevamo detto di seguire
- Whether inflation peaks later this year as city economists expect and how October VAT cut affects bills.