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Lloyds bank forecast UK headline inflation for...>

UK
UK: Lloyds bank forecast UK headline inflation for June rising to 2.9% y/y from
2.4% y/y in May (consensus is 2.6% y/y) highlighting "anecdotal information from
the British Retail Consortium pointing to higher core goods price inflation,
notably in clothing & footwear and furniture, perhaps related to the impact of
the warm weather", for their higher than consensus forecast.
- Lloyds sees core CPI rising to 2.4% y/y from 2.1% y/y (consensus 2.1%).

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