London stocks inched up on Monday’s close amid the upcoming release of February inflation data in the US and its potential implication for monetary policy in the world’s largest economy.
The UK’s FTSE 100 index closed 0.12% in the green on Monday.
The US Bureau of Labor Statistics is scheduled to release Tuesday the annual inflation rate for February. The headline inflation rate is widely expected to be unchanged at 3.1%, while the consensus for core inflation is a decline to 3.7% from 3.9% in January.
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