bullish

UK: Flying Inflation Is Landing Slowly

303 Views21 Jun 2023 18:44
CPI inflation failed to slow from 8.7% in May-23 as airfares surged belatedly. Underlying UK pressures slowed closer to its peers. The BoE shouldn’t panic over the 0.2pp of June CPI upside we track.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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