UK sales fail to dispel worries over inflation threat

June's High street summer sales and falling petrol costs in the UK failed to dispel worries over a lingering inflation threat today.

UK sales fail to dispel worries over inflation threat

June's High street summer sales and falling petrol costs in the UK failed to dispel worries over a lingering inflation threat today.

Official figures showed the Consumer Prices Index (CPI) benchmark falling from 3.4% to 3.2% over the month thanks to record price-slashing by retailers and a 2.6p a litre drop in petrol costs.

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