UK CPI preview: Inflation test lands just before the BOE rate decision
The UK inflation report for August today is going to be the main highlight in terms of economic data releases in the European session later today. With it coming just a day before the BOE rate decision tomorrow, it is the last meaningful piece of the puzzle for policymakers before they cast their votes.To start off, let's see what the numbers have to say.Headline annual inflation is expected to rise to around 3.1% in August, up from 2.9% previously.
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