Inflation in the UK rose unexpectedly to 3.6 % in June

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Inflation in the UK rose unexpectedly to 3.6 percent in June, in a setback of England Bank because it is looking for evidence that price pressures cool alongside the slowdown in economic growth.

Wednesday from the National Statistics Office, the propaganda of the analysts surveyed by Reuters that inflation would remain at the May level of 3.4 percent.

The ONS said that the pickup in inflation was driven by the high prices of gasoline, aviation and railway tickets.

England Bank trades whether the main interest rate will be reduced again as soon as August. In June, the Monetary Policy Committee voted from six to three for prices without change at 4.25 percent, after a quarter of a point was reduced in May.

MPC, which has a 2 % enlarged target, has reduced interest rates four times since last summer, but policy makers are still divided on how to prove continuous prices.

He said that the basic inflation, which excludes energy and food, was 3.7 percent in June, an increase of 3.5 percent in May.

The inflation of services, a main measure of price pressures for MPC, has not changed from 4.7 percent of May, which exceeds 4.6 percent by economists.

The pound was strengthened after the numbers were launched, as it rose 0.2 percent to $ 1.340.

Before the June data, traders were betting on at least two of the quarter -point from the Bank of England by the end of the year, according to the levels involved in the bombing markets.

Puja Kumra, a strategic expert in TD Securities, said the numbers were “another stumbling block to the Bank of England”, adding that it indicates that MPC will continue the “gradual and accurate approach application” on interest rate discounts.