UK January CPI +5.5% vs +5.4% y/y expectedPrior +5.4%
Core CPI +4.4% vs +4.3% y/y expected
Prior +4.2%
The slight rise in the headline reading continues to see UK inflation at the highest since 1992, although there is some good news that the month-on-month change in inflation was -0.1%. That said, the readings above won't do
Source: UK January CPI +5.5% vs +5.4% y/y expected (https://www.forexlive.com/news/uk-january-cpi-55-vs-54-yy-expected-20220216/)
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