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CPI

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38 days ago

The rate of Consumer Price Index (CPI) inflation was 2.8 per cent in May, unchanged from April, the Office for National Statistics (ONS) said today.

45 days ago

The broad measure of inflation was not nearly as bad as the Wall Street narrative would have you believe.

Rolling coverage of the latest economic and financial news

Susannah Streeter, of the broker Wealth Club, says that the fresh round of conflict in the Middle East has seen “optimism seep away” from the…

46 days ago

Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw material flows.

3 months ago

March CPI spiked, showing the impact of surging oil prices. And TSMC reported strong revenue numbers.

4 months ago

The headline CPI rate was in line with market expectations, although still well above the Bank of England's 2 per cent target.
The consumer price index fell to 1.3% last month, its lowest level since March 2022 and below the central bank's 2% target. It was down from 1.5% in January.
The OBR said if oil and gas prices stay at current levels the headline CPI would likely stay a percentage point higher than predicted at the Spring Statement just last week.

5 months ago

Under the most likely scenario for the consumer inflation reading, the JPMorgan trading desk sees the S&P 500 gaining 0.25% to 0.75%.

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