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.The largest downward contribution to the monthly change in CPI annual rates came from restaurants and hotels; the largest upward contribution to both came from transport, particularly higher petrol prices.
The data came in above the BOE's 2% target rate, but the decline in services inflation will be a welcome boost and probably keeps a February rate cut a live possibility.
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.The largest downward contribution to the monthly change in CPI annual rates came from restaurants and hotels; the largest upward contribution to both came from transport, particularly higher petrol prices.
The data came in above the BOE's 2% target rate, but the decline in services inflation will be a welcome boost and probably keeps a February rate cut a live possibility.