UK CPI rose to 6.2% yoy in Feb, core CPI up to 5.2% yoy

UK CPI rose 0.8% mom in February, above expectation of 0.6% mom. That’s also the largest monthly rise since 2009. On a 12-month basis, CPI surged from 5.5% to 6.2% yoy, above expectation of 5.9% yoy. That’s the highest on record since 1997, and the highest rate is historic modelled series since March 1992. CPI […]

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