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UK Economic Data - UK inflation slows and selling eases across global indices
UK CPI fell to 3.6% in October, the first drop in seven months. FTSE 100 rallied while tech stocks faced pressure ahead of Nvidia earnings.
UK inflation eases to 3.6% in October, bolstering hopes of a December rate cut
UK inflation cooled to 3.6% in October, strengthening expectations of a December rate cut as analysts await the Autumn Budget for further price relief signals.
UK inflation falls to 3.6% in October
UK inflation fell to 3.6 per cent in October, strengthening the case for the Bank of England to cut interest rates next month to boost a sluggish economy set to be hit by higher taxes in the Budget.
UK inflation rate about to be released
Inflation is the rate of price increases over time, measured by tracking the costs of a selection of goods compared to the year before.
UK mortgage growth forecast to slow to 2.8% in 2026, EY finds
Mortgage lending in the UK in the next year is expected to slow to 2.8% net growth, following net growth of 3.2% this year.