UK inflation came in hotter than expected in April, with headline CPI rising 1.2% mom versus expectation f 1.1% mom. Annual CPI accelerated from 2.6% yoy to 3.5% yoy, above the 3% mark for the first time since March 2024. Core CPI, which strips out energy, food, alcohol and tobacco, climbed sharply from 3.4% yoy […]
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