Deutsche Bank analyst Sanjay Raja said UK inflation may rise further, noting July CPI jumped to 2.9% from 2.6% the prior month, with BoE core services indicators all revised up, energy inflation volatile due to Middle East uncertainty, and food prices likely to move only higher through 2027.
Jin1008/19, 04:33 PM
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UK Services PMI for October rose to 53.1, above the 51.8 expected.