June News

The Met Office has released provisional figures indicating that summer 2026 was the UK's hottest on record, with average temperatures for June, July, and August

The Central Statistics Office reported that annual house price growth eased to 5.6% in June.

Western Europe experienced its hottest June and July on record, with an average temperature of 21.62C, surpassing the previous 2022 record. This extreme weather

Japan's household spending in June declined due to weather conditions, with the ongoing conflict in Iran further clouding the economic outlook.

A new startup named June, backed by Marc Benioff, has emerged from stealth with a $20 million pre-seed round to simplify AI adoption.

The central government's capital expenditure increased by 66% in June, while its subsidy bill also saw a significant rise.

Industrial production in June surged by 7.3%, marking the fastest growth in 22 months, primarily driven by strong performance in manufacturing and electricity s

Online shopping rebounded to a five-year high in June, contributing to a boost in retail spending, according to the Office for National Statistics. This surge c

Japan's exports in June saw a significant increase of 19.3% year-on-year.

Domestic air traffic in India decreased by nearly 12% in June on a monthly basis, while IndiGo's market share rose to 66.3%. Air India Group and SpiceJet experi

Economists anticipate a cooling of inflation in June, with a projected drop in the CPI rate to 2.7% from 2.8% in May, largely due to falling petrol and diesel p

The UK government borrowed £16bn in June, £7.9bn less than in June 2025, according to the ONS, providing a boost for Andy Burnham's plans to cut VAT on electric

India's core sector recorded a 5% growth in June, marking its fastest expansion in five months.

Core sector output in June reached a five-month high, growing by 5%.

New data indicates that core sector growth reached 5% in June, with iron ore making its debut with a significant 43.9% rise.

India's trade data for June indicates that its trade weaknesses are becoming episodic, while its strengths are evolving into structural components of the econom

CREA has again lowered its 2026 home sales forecast due to rising inflation and interest rate concerns, despite a month-over-month increase in June home sales.

Wholesale inflation rose by nearly 10% in June, driven by a surge in food prices, despite a decline in fuel costs.

India's Wholesale Price Index (WPI) inflation increased to 9.87% in June, primarily driven by higher prices of food articles, fuel, mineral oils, basic metals,

UK retail sales increased by 1.9% year-on-year in June, significantly boosted by a 5.1% rise in online sales, with a heatwave and the World Cup influencing spen

Inflation surpassed 4% in June after 16 months, driven by increases in fuel prices and weak rainfall.

The American Red Cross has declared a national blood emergency due to a 25% drop in blood supplies in June coupled with a surge in demand.

India's largest large-cap mutual fund, ICICI Prudential Large Cap Fund, adjusted its portfolio in June by adding three new stocks and completely exiting four, i

An early estimate suggests that over 2,700 people may have died from heat-related causes during the UK's exceptionally hot weather in May and June.