The readings are more or less in line with estimates, with the headline being a touch softer than expected. The market was pricing in ~80% odds of a rate cut for next month, so this won't do anything to derail that considering the other factors in play.
Looking at the details, services inflation (in core terms) did show some slowing as it went down from 5.0% last month to 4.7% in March.
Read More Details
Finally We wish PressBee provided you with enough information of ( UK March CPI +2.6% vs +2.7% y/y expected )
Also on site :
- USPS slammed as ‘failed system’ after 1,000s of letters & packages found abandoned in mail centers following huge delays
- What is Thimerosal, vaccine preservative called ‘toxic’ by US health chief?
- Nepo baby with HUGE 80s movie star dad looks incredible in black swimsuit – but can you guess who her famous father is?