Economists put reason for divergence down to Brexit and Britain’s energy price guarantee
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The eurozone’s annual inflation rate fell by more than expected in June to 5.5% amid sharp falls in the cost of energy, highlighting an increasingly stark divide with stubbornly high price growth in the UK.
Consumer prices across the euro area rose by 5.5% in the year to June, down from an annual rate of 6.1% in May and below forecasts for a reading of 5.6%, according to Eurostat.