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2nd Oct 2023 19:46U.K., Daily Monitor

  • BRC and Eurozone data prompt us to revise down our forecast for September CPI inflation to 6.7%...
  • ...Undershooting the MPC’s forecast in August’s Monetary Policy Report by a healthy 0.2pp margin.
  • Drops in food and core goods inflation were likely sharp enough to offset rises in motor fuel and services inflation.

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Keywords for: 4 October 2023 UK Monitor

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