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9th Sep 2024 11:52UKDaily Monitor

  • CPI inflation likely rose to 2.3% in August, from 2.2% in July, 0.1pp below the MPC’s forecast.
  • Airfares will rebound from July’s slowdown, which was driven by the early CPI collection date.
  • Almost anything is possible with hotel prices, but they likely fell less than in August 2023.

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Keywords for: 10 September 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence