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

UK DATA
UK DATA: Inflation (June 2019) Preview - 0930BST
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-CPI: Bbg and MNI Median: 0.0% m/m; 2.0% y/y; Prev (May): 0.3% m/m, 2.0% y/y
-CPIH: Bbg and MNI Median: 1.9% y/y; Prev (May): 1.9% y/y
-Core CPI: Bbg and MNI Median: 1.8% y/y; Prev (May): 1.7% y/y
-RPI: Bbg and MNI Median: 0.1% m/m, 2.9% y/y; Prev (May): 0.3% m/m, 3.0% y/y
-Inflation is expected to remain steady; core inflation is expected to tick-up
-In June BRC-Nielson survey, shop prices fell for the first time since Oct-18
-UK PMI June report showed service sector firms reporting strong input price
inflation led by higher transportation costs and wage pressures
-Construction and manufacturing firms, in contrast, witnessed weaker input price
inflation amid softer demand
-Avg weekly earnings rose 3.4% 3M y/y in May, outpacing CPI, pointing to
potential inflation pressure in coming months

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