UK CPI slows to 3.6%, keeping BoE on track for December cut

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UK inflation eased in October, with headline CPI slowing from 3.8% yoy to 3.6%, just above the market’s 3.5% forecast. Core inflation (excluding energy, food, alcohol and tobacco) matched expectations at 3.4% yoy, down from 3.5% previously. Goods inflation cooled, slipping from 2.9% yoy to 2.6%, while services inflation—still the stickiest component—eased from 4.7% to […]The post UK CPI slows to 3.6%, keeping BoE on track for December cut appeared first on Action Forex.