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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: ONS To Reweight Inflation On Pandemic-Era Spending
The Office for National Statistics has reweighted its CPI and CPIH baskets for 2022, to further reflect pandemic era spending adjustments, consistent with international standards. The ONS said it will be publishing fuller details alongside the February inflation data due for release in March.
Martin Weale, a former BOE MPC member and an economic advisor to the ONS recently expressed some concern over this method, suggesting a closer alignment with pre-pandemic spending should be used. (MNI:Weightings May Distort 2022 UK Inflation Data- ONS Advisor)
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.