UK inflation unexpectedly cools to 2.5%, core price print slows further

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  UK inflation unexpectedly dips to 2.5% in December

  The slower rate eases pressure on chancellor Rachel Reeves, but is still above the Bank of England's 2% target.
  
  BBC News - 26m
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  Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges

  Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ prescription price hikes of 1,000% or more.
  
  NBC News - 13h

• Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.

  Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...
  
  MarketWatch - 20h

• India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

  The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.
  
  CNBC - 1d

• Is US inflation set to rise further?

  Market Questions is the FT’s guide to the week ahead
  
  Financial Times - 2d

• China's consumer inflation slows further in December, stoking deflation worries

  China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.
  
  CNBC - 6d

• ‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.

  The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.
  
  MarketWatch - Jan. 7

• UK house prices dipped in December, says Halifax

  Decline is first for nine months although prices still 3.3% above last year
  
  Financial Times - Jan. 7

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