UK headline CPI eased from 3.5% yoy to yoy in May, slightly above expectations of 3.3% yoy. Core CPI (excluding energy, food, alcohol and tobacco) also slowed from 3.8% to 3.5%, in line with forecasts. While the overall trend points to gradual disinflation, markets might pay more attention to the reacceleration in goods prices, which […]
The post UK CPI slows to 3.3% in May, but goods prices surges to highest since late 2023 appeared first on Action Forex.
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