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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.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
MNI BRIEF: Jan UK Pay Awards Lowest Since Aug
UK output prices remained in negative territory in January, but were falling at the lowest prices since March 2020 - the start of the Covid-19 crisis. Output prices were lower by 0.2% year-on-year, the Office for National Statistics said Wednesday. At the lowest point in May, output prices were down 2.2% y/y.
Petroleum products remained the largest downward contributor to the annual rate of output inflation, whilst metals and non-metallic minerals provided the largest upward contribution to the annual rate of input inflation.
SOURCE: Bloomberg
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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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.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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