- Prior +7.0%
- CPI +2.5% vs +2.6% m/m expected
- Prior +1.1%
- Core CPI +6.2% vs +6.2% y/y expected
- Prior +5.7%
That's the highest consumer inflation rate in some 40 years and will add pressure to the BOE to act more aggressively, while having to balance out added worries on the cost-of-living crisis that is brewing in the UK. The numbers here won't add to much comfort on that, as consumers will continue to feel the pinch of rising costs.
