NCPI Note June 2025
Jun ‘25 recorded an annual inflation rate of 3.7%, up from 3.5% in the previous month and down from 4.6% a year earlier. Monthly inflation was 0.0%, with significant base effects across most major items accounting for the annual increase. A reduction in fuel prices during the month offset some of this. Next month’s figure may see material shifts, as heavy-weighing items such as rent are now captured quarterly (previously annually).
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