ICYMI:🇬🇧U.K. August Annual Inflation Eases to 9.9%; Est. 10.2%

• Headline U.K. August inflation slowed down to 9.9% Y/y vs. est. 10.2%. The core metric came at 6.3% Y/y

• On a monthly basis, consumer prices slowed to 0.5% vs. est. 0.6%, the metric was the lowest rate seen since January. Transport prices fell 1.3% on the month, communication declined by 0.7%

• 5/12 sectors saw consumer prices rise by more than 1% in August. Food and household sectors led the rise