UK Housing Market Shows Unexpected Signs of Life: What the Latest Rightmove Index Really Means for Your Investment
Is this a sign that inflation is finally taking a breather, or just a brief pit stop before the next surge? The June CPI dropped a sharp 0.4%—the steepest monthly dive since the chaos of April 2020—pulling the annual inflation rate down to 3.5% from May’s 4.2%. That streak of rising prices over the last three months? Snapped. Core prices, the ones that dodge the noisy swings, stood still—flat for the month and easing to 2.6% year-over-year, both coming in below what the experts were betting on. It’s kind of like the market took a collective deep breath—but for how long? Hold on tight, because these numbers don’t just affect your wallet, they shape the whole game of investing and entrepreneurship. LEARN MORE.
The June CPI fell 0.4% on the month, the largest one-month decline since April 2020, dragging the annual rate to 3.5% from May’s 4.2% and snapping a three-month acceleration streak. Core prices went nowhere, flat on the month and down to 2.6% YoY, both under consensus.
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