FTSE 100 Live 20 November: Inflation rate rises to 2.3%, British Land and Sage posts results

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Inflation complaint up by much than expected

The yearly complaint of ostentation roseate to 2.3% successful October, figures published by the Office for National Statistics (ONS) revealed today.

The speechmaking compares with the 1.7% recorded the erstwhile period and is higher than City forecasts for a fig of 2.2%.

Meanwhile, retail income figures published by the ONS person revealed 0.5% month-on-month maturation successful volumes during October.

FTSE 100 seen somewhat higher aft US recovery

The S&P 500 scale and Nasdaq recovered from their anemic starts to decorativeness yesterday’s league up by 0.4% and 1% respectively.

Nvidia shares roseate 5% up of 3rd 4th results aft tonight’s closing bell, portion the beardown tally for Tesla continued pursuing a summation of 2%.

The Dow Jones Industrial Average bucked the inclination with a autumn of 0.3%.

The FTSE 100 scale is forecast to unfastened 12 points higher astatine 8111, having closed down by 0.1% yesterday.

The lb stood astatine $1.268 up of this morning’s merchandise of ostentation figures for October.

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