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UK CPI steadies at 2.4 percent y/y in May, misses estimates


Wednesday, 13 June 2018 15:55 WIB

Ekonomi inggrisCPI U.K


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The UK Consumer Prices Index (CPI) 12-month rate came in at 2.4% in May, unchanged from April's reading and against 2.5% anticipated, the UK Office for National Statistics (ONS) reported this Wednesday.

Meanwhile, the core inflation gauge (excluding volatile food and energy items) arrived at 2.1% y/y, same as that seen in the previous month while meeting the consensus forecast.

The monthly figures showed that the UK consumer prices steadied 0.4% in May, matching 0.4% expectations. 

Source: FXstreet


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