Latest News About Inflation in Britain eases to 2.6%

UK inflation dropped to 2.6% in June from 2.8% in May, propelled by reduced petrol prices.

UK policymakers link the decline to prospective living-cost relief for measures tied to inflation.

The South African rand remained unchanged ahead of its own inflation data release.

In Australia, Reserve Bank observers point out inflation data is critical for forming interest rate expectations.

Traders in South Africa look for the release of important economic figures after this week's volatility in the rand.