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The Week Ahead – Euro, Australia and Tokyo CPI, China PMIs, Bank of Thailand and US PCE Inflation

Nomura – The Week Ahead

CHAPTER

The Bank of England's Decision on Thursday Afternoon

CPI inflation rose to 10.4% in February defying expectations of a steady decline from recent historic highs rising food prices were the biggest driver increasing 18%. Services particularly restaurants and cafes and hotels it looks like this is a sign that perhaps inflation is becoming more broad based in the economy.

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