Charles Purdy
on June 19th, 2023 The UK’s yearly and core inflation rates are expected to cool in Wednesday morning’s data releases. The previous data showed that yearly inflation fell to 8.7, its lowest rate since March last year, as gas and electricity prices fell.
Pound watchers will be keen to see if economists’ predictions for the year-on-year rate – a fall to 8.4% will be accurate. BoE officials will also be monitoring the rate.
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