UK inflation unexpectedly rises despite sharp fall in fuel prices | Inflation
UK inflation unexpectedly rose to 4.0% in December, complicating expectations that the Bank of England would start cutting interest rates. The Office for National Statistics said the annual inflation rate, as measured by the Consumer Price Index (CPI), rose from 3.9% in November, halting the recent sharp decline. Economists in the city had predicted a […]
UK CPI Preview: Inflation expected to fall for third consecutive month in December – FXStreet
share: The high-impact UK CPI data will be published by the Office for National Statistics on Wednesday. UK headline and core annual inflation are expected to fall, but monthly CPI is expected to recover. The UK CPI report will have a major impact on the BoE's policy outlook, which could have an impact […]