Financial journalists and datameisters love measuring numbers a few different ways a) in terms of the fastest or biggest jump, b) in terms of a jump to a highest level, or c) if neither applies, finding the smallest time frame to apply them within and recrunching for maximum white noise. (Basically, if there isn’t a superlative, then make a superlative.) However, in the case of the U.K.’s inflation numbers today, no such effort was needed.
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UK Inflation: ‘Cat Among The Pigeons’? |
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