The Snapshot has been fairly downbeat of late and I am aware of that. There haven’t been too many reasons to rejoice or celebrate and they still aren’t queuing up but it was a lovely start to the day to see UK inflation come in not just below expectations but below the previous reading. Despite higher petrol prices CPI fell from 6.8% in July to 6.7% in August and core CPI (ex-food and energy) was down significantly to 6.2% (cons 6.8%) after 6.9% in July. All supportive signs and traders cut pro…
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