Daily Market Updates: United Kingdom: Inflation shaped by energy shock

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United Kingdom: Inflation shaped by energy shock – ING

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James Smith at ING highlights that UK inflation pressures remain concentrated in energy, with food and services inflation surprisingly subdued. Headline inflation printed 3.5% in September and is expected to peak near 4% in winter, but measures of energy-intensive and core services inflation show little sign of broadening second-round effects from the Iran War-related energy shock.

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FXStreetUnited Kingdom: Inflation shaped by energy shock – ING

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United Kingdom: Inflation shaped by energy shock – ING

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