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UK November ONS House Price Index 2.5% Y/Y (prev. 1.7% Y/Y)

Newsquawk Staff ·

UK November ONS House Price Index 2.5% Y/Y (prev. 1.7% Y/Y)

What it means

The UK November ONS House Price Index showing a 2.5% year-over-year increase, up from the previous 1.7%, indicates a strengthening in the housing market. This acceleration could suggest improved consumer confidence and may have implications for UK monetary policy, especially in terms of inflation and interest rate considerations.

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