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30th Sep 2024 17:15UKDaily Monitor

  • Sharply falling motor fuel prices will drag down CPI inflation to 1.9% in September, from 2.2% in August.
  • Core goods inflation should hold at 0.3% year-over-year, but BRC Shop Prices pose a downside risk.
  • We expect core and services inflation close to theMPC’s August Monetary Policy Report forecast.

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Keywords for: 2 October 2024 UK Monitor House

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