April 20, 2023
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1:04Now PlayingUK inflation remains lodged in doublefigures, as the country struggles with soaring food costs and wage increases. Data for March of 10.1% yearoveryear was well above the estimate of 9.8%. After three consecutive months of declines between November and January, expectations were high that the worst of the UK’s brush with inflation was over. However, February’s unexpected jump to 10.4%, and the higherthanexpected March figure may force the Bank of England into further interest rate hikes. Presented by @cmegroup
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