UK Retail Price Index YoY (Mar) Y/Y 4.1% vs. Exp. 3.9% (Prev. 3.6%)

The UK Retail Price Index (RPI) data for March printing at 4.1% year-over-year, above the expected 3.9% and up from the previous 3.6%, indicates stronger inflationary pressures than anticipated.

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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 Retail Price Index YoY (Mar) Y/Y 4.1% vs. Exp. 3.9% (Prev. 3.6%)

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 unexpected uptick may heighten concerns over the potential need for tighter monetary policy, potentially impacting interest rate expectations and influencing the pound and UK assets in the coming sessions.

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