UK inflation rises less than expected in July

People pass by the Bank of England building in London. — Bloomberg

LONDON: British consumer price inflation rose to 2.2% after two months at the Bank of England's 2% target, a slightly smaller increase than economists expected, and services inflation, closely watched by the BoE, slowed sharply, official data showed.

Economists polled by Reuters had forecast the annual headline CPI rate would rise to 2.3%.