CPI Unch From Oct Levels; PPI Input Prices..>

UK DATA: CPI Unch From Oct Levels; PPI Input Prices Fall At Slower Rate

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NOV CPI +0.2% M/M, +1.5% Y/Y VS +1.5% Y/Y OCT 

NOV CORE CPI +0.3% M/M, +1.7% Y/Y VS +1.7% Y/Y OCT       

NOV OUTPUT PPI -0.2% M/M; +0.5% Y/Y VS +0.8% Y/Y OCT

NOV CORE OUTPUT PPI -0.1% M/M; +1.1% Y/Y VS +1.3% Y/Y OCT

NOV INPUT PPI -0.3% M/M; -2.7% Y/Y VS -5.0% Y/Y OCT

OCT HOUSE PRICES +0.7% Y/Y VS +1.3%r SEP

NOV CPIH +0.2% M/M; +1.5% Y/Y VS +1.5% Y/Y OCT

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CPI was higher m/m, but the y/y data showed a 1.5% gain, unchanged from 

the October reading -- which was a 3-year low. Producer input prices 

were lower, albeit at a slower rate than in October, perhaps as a result 

of the sharp rise in sterling seen through the Autumn months (although 

the ONS could not confirm). UK house prices continue to rise, up 0.7% 

y/y, slower that the 1.3% gain in Sept. London prices were lower again.