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25th Nov 2024 19:03UKDaily Monitor

  • The BRC Shop Price Index suggests slightly slower food inflation but a jump in core goods in November.
  • So we expect headline CPI inflation to rise to 2.6% year-over-year in November from 2.3% in October.
  • The CBI retailing survey is useless, other data sources are stronger, retail sales will rebound.

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Keywords for: 27 November 2024 UK Monitor

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