June's fall in inflation will be welcomed by the new prime minister but analysts warn the fall is temporary.

The UK rate of inflation has slowed to 2.6% in the year to June, driven by lower fuel and food prices, according to new figures. The June figure was down from 2.8% in the year to May, the Office for National Statistics (ONS) said. ONS chief economist Grant Fitzner said: "A fall in motor fuel prices, particularly diesel, helped ease inflation in June." Food prices also fell, driven by cheaper goods such as chocolate, beef and margarine. Start-of-summer sales with larger discounts than last year also drove the price of clothes down, Fitzner said. Food and non-alcoholic beverage inflation fell by 0.2% month-to-month, with sugar, chocolate and confectionery seeing the largest drop in price. Meat and vegetable prices rose in June but the increase was smaller than the same time last year. Prices of oils, fats and dairy fell in June, compared to a year previously. Food inflation often has a lag of up to 13 months due to the supply chain, so any effects from the war in Iran could still be yet to come.