UK CPI rises to 2.2% in Jul, core down to 3.3%, both below expectations

UK CPI rose from 2.0% yoy to 2.2% yoy in July, below expectation of 2.3% yoy. Core CPI (excluding energy, food, alcohol and tobacco) slowed from 3.5% yoy to 3.3% yoy, below expectation of 3.4% yoy. Core CPI reading was the lowest since September 2021. CPI goods annual rate rose from -1.4% yoy to negative […]

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