Finally, some good news on inflation for real estate markets. The June consumer price index headline inflation came in at 7.9%, which beat the 8.2% expected by economists in a poll conducted by Reuters. It was the first positive surprise after four consecutive months of worse-than-expected figures.
UK Inflation Falls More Than Markets Expected To Ease Pressure on the Bank of England
Inflation Dropped to 7.9% in June Against Expectations of 8.2% With More Falls Expected
CoStar Analytics
July 19, 2023 | 11:22 AM
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