Open Demo Account
Home / Market Update / UK Annualized CPI Exceeds Estimates

UK Annualized CPI Exceeds Estimates

Adel 16 September, 2020 11:01 am Market Update

The UK Consumer Prices Index (CPI) 12-month rate came in at +0.2% in August when compared to +1.0% in July, while beating expectations of a 0%, the UK Office for National Statistics (ONS) reported on Wednesday.

The core inflation gauge (excluding volatile food and energy items) came at +0.9% YoY last month versus +1.8% in July while beating the consensus of +0.6%.

Tags

Check Also

Bitcoin Faces Continued Pressure Amid Fed’s Hawkish Stance

Bitcoin traded marginally lower on Monday, reflecting ongoing caution among investors as macroeconomic uncertainties and …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends