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UK inflation jumps to 2.5% as secondhand car and food prices rise

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June figure is highest level since August 2018 and above analysts’ forecasts

Britain’s inflation rate has risen to 2.5% – the highest in almost three years – as a combination of supply shortages and rising demand prompted by the easing of coronavirus lockdown restrictions led to higher prices last month.

The Office for National Statistics (ONS) said dearer food, secondhand cars, clothing, footwear and fuel were the main factors behind a jump in the annual inflation rate from 2.1% to 2.5% in June.

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