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Macroeconomics
UK Inflation Slows More Than Expected
Consumer price inflation eased by more than economists had forecast, adding to debate about the timing of Bank of England rate cuts.
UK consumer price inflation slowed by more than economists had forecast, according to the latest figures from the Office for National Statistics.
The data adds to debate about when the Bank of England may lower interest rates, although policymakers have said they want to see evidence that services inflation is falling on a sustained basis.
Sources and data
- Office for National Statistics, Consumer price inflation release
- Bank of England, Monetary Policy Summary
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