UK CPI rose to 9.1% yoy in May, another 40-yr high

UK CPI accelerated further from 9.0% yoy to 9.1% yoy in May, matched expectations. That’s another record high since the series began in 1997. Also, based on indicate model, it’s the highest since around 1982, which was at nearly 11% yoy. CPI core, on the other hand, slowed from 6.2% yoy to 5.9% yoy, below […]

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