London markets plunge after surprise jump in inflation
by Henry Saker-Clark
Jan 17, 2024
2 minutes
London’s main markets slid in value on Wednesday as a surprise uptick in inflation resulted in a dire trading session.
The Office for National Statistics (ONS) revealed that Consumer Prices Index (CPI) inflation rose to 4% in December, up from 3.9% in November – marking the first increase since February last year.
The rise caught traders
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