Consumer Prices Index inflation remained unchanged at 2% in June, the Office for National Statistics said. It means prices are still rising but at a rate the central bank is comfortable with after nearly three years of above-target inflation.
June's rate came in slightly ahead of expectations, as some analysts were predicting it to dip below target to 1.9%. The latest data showed climbing hotel and restaurant prices were the biggest factors putting pressure on the inflation last month.
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