UK inflation: ‘Light at the end of the tunnel shines brighter’, but still some way to go
CPI fell to 7.9% in June, but some commentators still expect a 50bps rate rise in August
CPI fell to 7.9% in June, but some commentators still expect a 50bps rate rise in August
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Forecasters had predicted CPI to slow to 9.9%
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Which may dash hopes of a pivot in the second half of this year
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Falling motor fuel prices took the largest bite out of the November inflation figures
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Rising food prices drove CPI back to July’s record 10.1% as industry commentators ponder the BoE’s next rate rise
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Drop marks the first decline since September 2021
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Key events for UK wealth managers for the week starting 16 May
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May rate rise looks more certain but MPC could hit pause over the summer
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Seven stock pickers reveal how they are handling increasing prices in portfolios
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‘The economic recovery could be a Trojan horse, smuggling inflation into the UK, right under the nose of central bankers’
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The key events for UK wealth managers for the week starting 15 July
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Commentators fear an inflation shock if the UK crashes out the EU with no deal
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