1.
Andy Bruce
@BruceReuters
Food and non-alcoholic beverage inflation highest since 1977 at 18% y/y in February.
42%
35%
33%
π§28%
25%
21%β¦ twitter.com/i/web/status/1β¦
42%
35%
33%
π§28%
25%
21%β¦ twitter.com/i/web/status/1β¦
2.
Andy Bruce
@BruceReuters
Pretty positive UK inflation details (if you can say that about another double-digit reading)...
β’ CPI annual rateβ¦ twitter.com/i/web/status/1β¦
β’ CPI annual rateβ¦ twitter.com/i/web/status/1β¦
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Andy Bruce
@BruceReuters
UK house prices slide 1.4% in November from October, the biggest monthly drop since June 2020 - @AskNationwideβ¦ twitter.com/i/web/status/1β¦
Andy Bruce
@BruceReuters
That refers to the consumer price index (CPI)
On the old RPI measure, inflation rose to to 14.2% in October, highest since Dec 1980.
On the old RPI measure, inflation rose to to 14.2% in October, highest since Dec 1980.
Andy Bruce
@BruceReuters
Bank of England data for Sept
β’ Net consumer credit weaker than forecast (+Β£745m)
β’ 66,789 mortgage approvals (74β¦ twitter.com/i/web/status/1β¦
β’ Net consumer credit weaker than forecast (+Β£745m)
β’ 66,789 mortgage approvals (74β¦ twitter.com/i/web/status/1β¦
Andy Bruce
@BruceReuters
Pretty ropey European flash PMIs this morning.
not doing very well at all, not looking too hot either. dβ¦ twitter.com/i/web/status/1β¦
not doing very well at all, not looking too hot either. dβ¦ twitter.com/i/web/status/1β¦
Andy Bruce
@BruceReuters
Annual inflation rates:
42.1%
14.6%
15.3%
22.7%
23.1%
22.3%
π§ 28.0%
8.8%
19.9%
28.1%
15.4%
π« 12.1%
π§ 14.0%
42.1%
14.6%
15.3%
22.7%
23.1%
22.3%
π§ 28.0%
8.8%
19.9%
28.1%
15.4%
π« 12.1%
π§ 14.0%
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Andy Bruce
@BruceReuters
"The volatile market dynamics that followed the announcement of the Growth Plan underline the need to bolster theβ¦ twitter.com/i/web/status/1β¦
Andy Bruce
@BruceReuters
JPMorgan says UK rate market reaction "reflects a broader loss of investor confidence in the governmentβs approach"
Andy Bruce
@BruceReuters
Sterling Rises 1.4% To $1.2250
~ It's completely a USD story, but let me have this moment, OK. pic.twitter.com/zBuO7EsWI6
~ It's completely a USD story, but let me have this moment, OK. pic.twitter.com/zBuO7EsWI6
Retweet of status by @PriapusIQ
Andy Bruce
@BruceReuters
Some new forecasts in today for inflation peak in October:
11.9% - Oxford Economics
12.6% - Bank of America
11.4% - JP Morgan
11.9% - Oxford Economics
12.6% - Bank of America
11.4% - JP Morgan
...but wait! There's more!
1.
fakhright
@fakhright
astaghfirullah peng.krim guaaaaaaaa..............a *salto sambil solat*
