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Country Focus

UK: Inflation Surprises To The Downside

by Felix-Antoine Vezina-Poirier, Chief Strategist  

UK inflation surprised to the downside in December. Headline inflation retreated below estimates to 2.5% y/y from an eight-month high of 2.6% in November. Core inflation also decreased below estimates, printing 3.2% vs. 3.5% in November. Services inflation,…

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