UK inflation fell “more than expected” in January, offering some optimism as the cost-of-living crisis continues in the country.
Inflation fell from 10.5 percent in December to 10.1 percent in January year-on-year. Consensus expectations were 10.3 percent.
George Lagarias, the chief economist at Mazars, warned: “All other things being equal, slowing inflation suggests further economic weakness ahead and, possibly, an uptick in unemployment.”
Th...
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