Hot UK inflation limits gains in FTSE 100

On October 21, the FTSE 100 was up 0.1% as UK September inflation of 3.5% reinforced expectations of a 25-basis-point Bank of England hike in November. Oil prices rose 1.2% amid Middle East supply concerns; UK public debt exceeded £3 trillion. Higher rates, energy and freight costs are relevant macro pressures for CCEP.