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Essentials Daily Insights

UK Inflation Surges In February

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UK headline CPI inflation surged to a 30-year high of 6.2% y/y in February, beating estimates of 6.0%. Similarly, core CPI inflation jumped by 0.8 percentage points to 5.2% while the retail price index rose 8.2% y/y following 7.8% y/y in the previous month…

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