mpc.theyserveforyou.com

mpc: 25 CPI inflation had fallen to 2.4% in June. The near-term outlook remained somewhat uncertain, particularly given the recent volatility in food, household goods and utility prices. For example, the recent poor weather and flooding might lead to upward pressure on wholesale food prices. But the size and timing of any effect at the retail level was difficult to gauge, especially given the decline in food inflation in recent months.