UK Core Inflation Breaches 7% as Headline Beats Estimates, GBP/USD Bid

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UK Core Inflation Breaches 7% as Headline Beats Estimates, GBP/USD Bid
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The core inflation rate in the UK is estimated to have risen to 7.1% in the 12 months to May 2023, up from 6.8% in April, and the highest rate since March 1992 ahead of the Bank of England meeting. zvawda shares his analyis here 👇

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United Kingdom Core Consumer Price Index (CPI) YoYUnited Kingdom Core Consumer Price Index (CPI) YoY⚠️BREAKING: *UK MAY CORE CPI INFLATION SURGES 7.1% Y/Y; EST. 6.8%; PREV. 6.8% *BIGGEST ANNUAL INCREASE ON RECORD 🇬🇧🇬🇧
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