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

UK DATA
MNI (London)
UK DATA: Inflation (Oct 2019) Preview - 0930BST 13/11/19
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- CPI: BBG: -0.1% m/m, 1.6% y/y; Prev(Sep): 0.1% m/m, 1.7%y/y 
- Core CPI: BBG: 1.7% y/y; Pre(Sep): 1.7% y/y 
- CPIH: BBG: 1.6% y/y; Pre(Sep): 1.7% y/y 
- RPI: BBG: -0.1% m/m, 2.2% y/y; Pre(Sep): -0.2% m/m, 2.4%y/y 
- CPI is seen slowing to 1.6% in Oct, which would be the lowest since Dec 2016. 
- Y/Y CPI registered at 1.7% for two months in a row, while core inflation moved
sideways in H1 2019 before it dropped to 1.5% in August. 
- Core CPI rose to 1.7% in Sep and is forecast to remain at this level in Oct 
- The UK's services PMI notes that pricing power of service providers remained
limited in Oct. 
- The report further states that prices charged increased on average but at
almost the same pace as in Sep 
- On the other hand, the BRC-Nielsen shop price index recorded the fifth
consecutive decline in Oct
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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