UK Inflation Edges Up, Central Bank Policy Path in Focus

Deep News

01/21

Influenced by an increase in tobacco taxes and rising holiday airfare prices, the UK's Consumer Price Index (CPI) for December climbed to 3.4% (with core CPI at 3.2%), complicating the prospect of near-term interest rate cuts and prompting investors to monitor UK exposure through the iShares MSCI UK ETF (EWU).

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