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FTSE 100 TREADS WATER AFTER UK INFLATION JUMP
Daily Post
|May 22, 2025
THE UK’s FTSE 100 edged higher on Wednesday in a mixed session for European stock markets, as new data showed UK inflation jumped to the highest level in more than a year.
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The blue chip index rose 5.34 points, or 0.06%, to close at 8,786.46, with miners helping offset heavy losses for retailer JD Sports.
The FTSE 250 index, which is more UK-focused, fell 0.7% following higher-than-expected inflation figures from the Office for National Statistics (ONS).
Consumer Prices Index (CPI) inflation leapt to 3.5% in April, up from 2.6% in March and the highest rate since January 2024, the ONS said.
The sharp increase reflected a raft of bills rising at the start of the month, including gas and electricity and water bills.
This story is from the May 22, 2025 edition of Daily Post.
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