UK Services Inflation Y/Y (Mar) 4.5% vs. Exp. 4.40% (Prev. 4.30%)
The UK Services Inflation for March came in at 4.5%, slightly above expectations of 4.4% and up from the previous reading of 4.3%.
"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
Additional European Equity News
UK Services Inflation Y/Y (Mar) 4.5% vs. Exp. 4.40% (Prev. 4.30%)
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 higher inflation print suggests that price pressures in the services sector are building, potentially influencing the Bank of England's stance on monetary policy and interest rates as they navigate growth and inflation dynamics.
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