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  • UK inflation lowest in 3 years. Prime Minister Sunak makes it a focus in election call for July 4

    From apnews.com

    Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills, official figures showed Wednesday. The drop was widely seen as a trigger for Prime Minister Rishi Sunak to call a general election for July 4. The Office for National Statistics said inflation, as measured by the consumer prices index, fell to 2.3% in the year through April, down from 3.2% in March. That is the lowest level since July 2021 when the global economy was still being held back by the coronavirus pandemic. The fall also takes inflation nearer to the Bank of England’s target ... (full story)

The man is a dishonest scumbag imo. A fudged headline CPI and screamingly hot core. The internals also looks awful: Second round inflation clearly embedded.

He is the type of politician that will never make a decision good for the country... he's far to slippery and slimey for that.
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  • Posted: May 23, 2024 12:20am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 1  /  Views: 3,294
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