Pantheon Macroeconomics

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14th Dec 2022 15:09U.K., Daily Monitor

  • November's month-to-month rise in the core CPI was the smallest, adjusted for seasonality, for 11 months.
  • This isn't a fluke; recent falls in shipping costs and commodity prices point to a sharp fall in goods inflation.
  • Services inflation is a few months from peaking, but it will fall quickly in 2023 too, as wage growth slows.

commodity prices core cpi cpi cpi inflation wage growth

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Keywords for: 15 Dec 2022 UK Monitor

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