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Essentials Daily Insights

UK Inflation Unexpectedly Accelerates

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UK inflation was hotter-than-anticipated in February. Headline CPI inflation accelerated from 10.1% y/y to 10.4% y/y – surprising consensus estimates it would slow to 9.9% y/y. The monthly rate increased to 1.1% m/m, following a 0.6% m/m decline in January…

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