• Prior +7.0%
  • CPI +2.5% vs +2.6% m/m expected
  • Prior +1.1%
  • Core CPI +6.2% vs +6.2% y/y expected
  • Prior +5.7%

That's the highest consumer inflation rate in some 40 years and will add pressure to the BOE to act more aggressively, while having to balance out added worries on the cost-of-living crisis that is brewing in the UK. The numbers here won't add to much comfort on that, as consumers will continue to feel the pinch of rising costs.