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Essentials Daily Insights

Stagflation In The UK

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Price pressures remain intense in the UK. Headline CPI inflation jumped from 10.1% y/y to a 41-year high of 11.1% in October – surpassing expectations of a milder acceleration to 10.7%. Similarly, the month-on-month rate surged from 0.5% to 2.0%. Meanwhile,…

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