Here's the @FT on the double-digit #UK #Inflation print–a print that, once again, came in above the consensus forecast and that will worsen cost-of-living pressures.
The numbers are consistent with the @BankOfEngland's expectation of #inflation peaking above 13% later this year. pic.twitter.com/LrQC5UTeJw

— Mohamed A. El-Erian (@elerianm) August 17, 2022