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17th Oct 2023 18:25UK, Daily Monitor

  • The headline rate held steady in September due to one- off large increases in motor fuel and education prices.
  • Producer price data continue to point to ample scope for food and core goods CPI inflation to drop further.
  • Most service providers are slowing price rises now that energy costs have peaked and wage growth is slowing.

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Keywords for: 19 October 2023 UK Monitor

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