Article 55QMK UK inflation rises as game console prices increase in lockdown

UK inflation rises as game console prices increase in lockdown

by
Richard Partington Economics correspondent
from on (#55QMK)

Lift to 0.6% in June from 0.5% in May also fuelled by lack of summer sales on high street

UK inflation has risen for the first time this year, fuelled by the rising price of games consoles during lockdown and a lack of summer sales on the high street.

The Office for National Statistics said the consumer price index (CPI) measure of inflation increased slightly to 0.6% in June from 0.5% in May. City economists had expected the inflation rate to fall to 0.4% against a backdrop of weak consumer demand.

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