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The things to watch out for in the UK CPI report later

Let's jump right into this. The first thing to note is that headline annual inflation is estimated to fall from 7.9% in June to 6.8% in July. That sounds about right given the near 20% decline in household energy bills but also as food price inflation is supposedly coming further off the boil from its recent peak.All of that sounds good on paper but in actuality, food price inflation continues to hold on the high side and remains a problem for many households. Adding to that, services inflation... Read More

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Posted: Aug 16 2023, 04:51

Author Name: forexlive

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