UK house prices fell unexpectedly in June, with Nationwide Building Society’s index showing a 0.8% month-on-month decline against economists’ forecasts for a small rise. The drop reversed May’s 0.5% increase and slowed annual growth to 2.1% from 3.5%, underscoring signs that higher stamp duty and fading demand are cooling the property market. Separate data from the Bank of England’s monthly Decision Maker Panel survey indicated that firms now expect consumer-price inflation to run at 3.3% over the next year, up from 3.0% in May. Companies projected output prices to rise 3.6% in the coming three months, while reporting annual wage growth of 4.6% in the three months to June. Nearly a third of respondents said U.S. trade policy could weigh on sales over the year ahead.