AI Data Insight

The UK November Core CPI MoM rate turned positive to 0.3% (previous value -0.2%), mainly supported by tobacco duty hikes and services prices. Although the overall inflation trend is cooling, fluctuations in core items indicate that price pressures have not completely subsided, and the market expects the Bank of England (BoE) to maintain a prudent pace of rate cuts to prevent a resurgence of inflation.

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