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UBS On-Air: Paul Donovan Daily Audio 'Inflation, disinflation, and deflation'
Published 4 months, 4 weeks ago
Description
The UK actually managed to publish some data without delay or suspension. July inflation rates were slightly higher than expected, although disinflation forces are also evident. A 30.2% monthly increase in airfares did much to push the figures higher. This is almost certainly a seasonal adjustment distortion related to school holidays.