Overall, today's inflation data reflects a slight rise in CPI to 2.2%, influenced by energy prices, but underlying pressures like core and services inflation are easing.
Core inflation has grown at 3.3%, the slowest since September 2021, while services CPI at 5.2% is also considerably below expectations set by the BoE.
Easing core and services inflation provides some reassurance to policymakers that progress is evident in reducing persistent price pressures in the economy.
While today's figures are positive, they won't largely change the BoE's policy path, with a careful and gradual approach likely through the rest of the year.
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