DJIA27043.15
LIVE-51.64(-0.19%)
NDX7848.84
LIVE-52.95(-0.67%)

UK CPI unexpectedly rises 1.9% y/y in February, core CPI disappoints


Wednesday, 20 March 2019 17:00 WIB

Ekonomi inggrisCPI U.KIHK UK


c_740_198_16777215_00_images_assets_Ekonomi2_11111ukretail-sep19-lt.jpg

The UK Consumer Prices Index (CPI) 12-month rate came in at 1.9% in February, up from January’s 1.8% and bettering the 1.8% print expected, the UK Office for National Statistics (ONS) reported on Wednesday.

Meanwhile, the core inflation gauge (excluding volatile food and energy items) arrived at 1.8% y/y versus 1.9% booked in January while missing the consensus forecast.

The monthly figures showed that the UK consumer prices rebounded 0.5% in February, matching +0.5% expectations and -0.8% last.

Main Points (via ONS):

“Rising prices for food, alcohol and tobacco, and across a range of recreational and cultural goods produced the largest upward contributions to change in the rate between January and February 2019.

The largest, offsetting, downward contribution came from clothing and footwear, with prices rising between January and February 2019 but by less than between the same two months a year ago.”

Source: Fxstreet


RELATED NEWS

  • U.K. retail sales fell 0.2% in August, as the prior month's gain from Amazon Prime Day reversed with a drop in non-store retailing. Economists polled by FactSet had forecast a 0.2% dip. The year-on-ye...
  • Australia's unemployment rate rose in August reflecting a slowdown in the economy, and adding to a fast-growing case for interest rates to be cut further in coming months. Unemployment rose to a seas...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.