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

UK DATA
MNI (London)
UK DATA: Inflation (Sep 2019) Preview - 0930BST
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- CPI: BBG: 0.2% m/m, 1.8% y/y; Prev(Aug): 0.4% m/m, 1.7%y/y 
- Core CPI: BBG: 1.7% y/y; Pre(Aug): 1.5% y/y 
- CPIH: BBG: 1.8% y/y; Pre(Aug): 1.7% y/y 
- RPI: BBG: 0.0% m/m, 2.7% y/y; Pre(Aug):0.8% m/m, 2.6%y/y 
- Mkts are looking for CPI to accelerate by 0.1pp to 1.8% in Sep, while core
inflation is anticipated to pick up by 0.2pp to 1.7%. 
- Y/Y CPI slowed at a quicker than expected pace in August, leaving the rate at
a 32-month low of 1.7% and below the BOE's target. 
- Sep's services PMI states that the rate of prices charged by service providers
decelerated again in Sep, indicating elevated competition due to weak demand. 
- Meanwhile, the BRC-Nielsen survey reported another decline in shop prices in
Sep with non-food prices falling to the lowest since May 2018 and food prices
cooling to a 17-month low.
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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