Consumer Prices Slow; Producer Input Prices.>

UK DATA: Consumer Prices Slow; Producer Input Prices Slump

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- UK OCT CPI -0.2% M/M, +1.5% Y/Y VS +1.7% SEP

- UK OCT CORE CPI +0.1% M/M, 1.7% Y/Y VS +1.7% SEP

- UK OCT RPI -0.2% M/M; +2.1% Y/Y VS +2.4% Y/Y IN SEP

- UK OCT OUTPUT PPI -0.1% M/M; +0.8% Y/Y VS +1.2% SEP

- UK OCT INPUT PPI -1.3% M/M; -5.1% Y/Y VS -3.0% SEP

- UK SEP HOUSE PRICES +1.3% Y/Y VS +1.3% AUG

- UK OCT CPIH -0.1% M/M; +1.5% Y/Y VS +1.7% Y/Y SEP

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Y/Y CPI slowed in Oct to 1.5%, its lowest since Nov 2016 and below 

market expectations. Oct's slowdown was led by a fall in utility prices 

due to a lowering of the energy price cap. Within utilities, gas prices 

took the largest hit. However, some of the decline was offset by higher 

clothing prices. While annual output producer prices remained subdued, 

input inflation plummeted to -5.1%, its weakest since Apr 2016.