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UK June CPI -0.4% m/m +2.4% y/y

UK June CPI -0.4% m/m +2.4% y/y

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Gerry Davies
17/07/2012 | 08:30 GMT

Weaker than expected.

I had median forecasts -0.1%, +2.8% respectively.

Y/Y lowest read since November 2009.

Biggest driver the fall in the prices of clothes and footwear followed by lower transport and food prices.

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