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20th Jul 2022 15:05U.K., Daily Monitor

The headline rate of CPI inflation topped the MPC forecast in June, due to higher motor fuel and food prices.

But the core rate fell, undershooting its forecast, as retailers struggled to pass on higher producer prices.

Core CPI inflation will fall sharply early next year, when recent falls in commodity prices will feed through.

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Keywords for: 21 July 2022 UK Monitor

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