Free Trial

(M2) Correction Extends


Late Session Rebound


(M2) Corrective Cycle Remains In Play


(M2) Gains Still Considered Corrective

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
MNI (London)
(MNI) London

UK pipeline inflation eased in December, with output PPI rising by 9.3%, down from an upwardly revised 9.4% in November, with petroleum products accounting for much of the decline. Input PPI also retreated, falling to13.5% from 15.2% in November.

But the decline from November’s 14-year highs is unlikely to bring much relief to policy makers, with narrow measures of intermediate inflation remaining stubbornly high. Core output PPI rose by a record-high 8.7%, up from 8.2% in November.

Services PPI also accelerated, rising by 3.6% in the fourth quarter, the highest since records began in 2003, from 3.4% in the previous three months.

MNI London Bureau | +44 203-865-3812 |
MNI London Bureau | +44 203-865-3812 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.