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Podcast: Beyond Currency
Episode: 21 October 2021 - Headline inflation falls marginally
Description: "Inflation data for September was released yesterday and the headline fell marginally to provide a little relief to the Bank of England.
The consumer price index fell from 3.2% year on year to 3.1%. While a single piece of data won't have too much effect on the Bank's plans, every journey starts with a single step.
Factory gate prices as depicted by producer price data, continue to rise, climbing from 11.2% to 11.4% over the same period.
While the country continues to face major bottlenecks in the logistics sector, exacerbated by the shortage of HGV drivers, inflation is unlikely to fall back below 3% in...