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16th Jan 2024 19:02UK, Daily Monitor

  • Three-month-on-three-month annualised growth in the all-items CPI slowed to just 1.4% in December...
  • ...and to 2.2% for the core CPI; both headline and service inflation have undershot the MPC's forecast.
  • The combination of falling energy prices and flat goods prices points to a 2% headline rate by April.

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Keywords for: 18 January 2024 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence