UK Core Inflation Rate YoY (Mar) Y/Y 3.1% vs. Exp. 3.2% (Prev. 3.2%, Low. 2.9%, High. 3.3%)

The UK core inflation rate for March came in at 3.1%, slightly below the expected 3.2%, which could suggest modest easing in inflation pressures.

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"The Israeli army launched an interceptor missile in the airspace over southern Lebanon today due to a mistaken diagnosis", Al Jazeera reports citing Israeli press

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UK Core Inflation Rate YoY (Mar) Y/Y 3.1% vs. Exp. 3.2% (Prev. 3.2%, Low. 2.9%, High. 3.3%)

Newsquawk Daily European Equity Opening News - 22nd April 2026

US President Trump is reportedly willing to Iran give another three to five days of ceasefire, Axios reports citing sources; "It certainly looks like Trump doesn't want to use military force anymore and has made a decision to end the war,"

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This miss may imply less urgency for the Bank of England to adjust rates aggressively, potentially impacting the GBP negatively as it reflects slower inflation momentum relative to expectations.

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