FTSE 100 makes small gains after inflation returns to Government target
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 nudged up on Wednesday after data showed that inflation has returned to the Government’s official target for the first time since July 2021. Wednesday’s gains came after official figures on consumer price inflation showed the measure has fallen back to the Government’s target of 2%. “Nonetheless, the FTSE 100 managed to eke out a small gain in thin trading, taking its cue from the stronger Asian session overnight.” US markets were closed on Wednesday to mark the national holiday Juneteenth.