July 17, 2024 06:24 GMT
Swift categories boost services CPI by 0.19ppt; headline by 0.09ppt (CORRECT)
UK DATA
- Accommodation services rose 9.81%Y/Y (up from 6.97%Y/Y) which is a +0.09ppt increase to headline CPI versus May and a +0.19ppt increase to services CPI.
- Cultural services rose from +7.36%Y/Y to +7.27%Y/Y - which had a negligible contribution.
- So at first glance the Swift contribution add around 0.19ppt to services CPI and 0.09ppt to headline CPI.
53 words