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UK CPI: disinflation story goes down the drain

Annualised inflation came in at 3.5% in April, up from the 2.6% reported in March.

Annualised inflation was forecast to come in at 3.3% (Trading Economics).

Core Inflation came in at 3.8% in the 12 months to April, up from the 3.4% in March and higher than forecast.

Nicholas...  


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