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UK infla little changed In Feb, Oil Prices..>

UK DATA
UK DATA: UK infla little changed In Feb, Oil Prices lead input PPI up 
--Feb CPI +0.5% m/m, +1.9% y/y (Jan +1.8%)
--Feb Core CPI +0.5% m/m, +1.8% y/y (Jan +1.9%)
--Feb RPI +2.5% y/y (Jan 2.5%), RPIX +2.4% y/y -- lowest since Oct '16
--Feb Output PPI +0.1% m/m, +2.2% y/y, Feb Core Output PPI +2.2% y/y
--Feb Input PPI +0.6% m/m, +3.7% y/y (Jan +2.6% y/y)
--UK Feb house prices +1.7% y/y, lowest rate since June 2013
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UK inflation was little changed in Feb, with the headline rate inching 
up 0.1%, although unrounded, the move was from just below 1.85% in Jan 
to 1.87% in Feb. Core inflation edged lower y/y to +1.8%, despite a 
0.5% gain on the month -- all well within forecast and BOE expectations. 
Input PPI was up on the month, with y/y reading jumping to +3.7% from 
2.6% in June. The ONS UK house price index fell to +1.7% in Jan, the 
lowest since June '13, with London again the laggard.

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