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UK headline CPI slowed to 7.9% annually in June from 8.7% in May, below the 8.2% consensus. Core inflation stayed at 6.9%, and monthly headline CPI rose 0.1% against a forecast of 0.4%.
The inflation data is a UK macro release that eases pressure on Bank of England policy, with no direct price implication for feed commodities.
cnbc.comElliot SmithJul 19, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
