Free Trial

Inflation (Aug 2019) Preview - 0930BST......>

UK DATA
MNI (London)
UK DATA: Inflation (Aug 2019) Preview - 0930BST Sept 18 2019
------------------------------------------------------------------------- 
- CPI: BBG: 0.5% m/m, 1.9% y/y; Prev(Jul): 0.0% m/m, 2.1%y/y 
- Core CPI: BBG: 1.8% y/y; Pre(Jul): 1.9% y/y 
- CPIH: BBG: 1.9% y/y; Pre(Jul): 2.0% y/y 
- RPI: BBG: 0.7% m/m, 2.6% y/y; Pre(Jul):0.0% m/m, 2.8%y/y 
- Mkts look for the headline and core infla to slow marginally in Aug, pushing
CPI slightly below the BOE's target for the first time since March.
- Core inflation slowed in H2 2018 below 2% and moved sideways in 2019. 
- Forward-looking survey evidence remains subdued: 
- Aug's UK PMI reports showed service sector companies reporting the slowest
increase in prices charged in 3 years, while manuf firms were able to pass on
price increases to consumers. 
- Meanwhile, the BRC-Nielson survey revealed the third consecutive decline in
shop prices in Aug, with prices falling by 0.4%, its lowest since June 2018.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.