Global EconomyIMPORTANT

UK CPI (Aug MM) 0.5% vs. Exp. 0.5% (Prev. 0.3%)

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UK August headline CPI rose 0.5% month-on-month and 3.1% year-on-year, driven by fuel and airfares, while core inflation held steady at 2.6% amid a weakening labor market.

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