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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.
UK DATA
(MNI) LONDON
JUL CPI +0.0% M/M, +2.0% Y/Y VS +2.5% Y/Y MAY
JUL CORE CPI +0.0% M/M, +1.8% Y/Y VS +2.3% Y/Y MAY
UK JUL RPI +3.8% Y/Y (JUN +3.9% Y/Y)
JUL OUTPUT PPI +0.6% M/M, +4.9% Y/Y VS +4.3% Y/Y JUN
JUL INPUT PPI +0.7% M/M, +10.0% Y/Y (JUN +9.1% Y/Y)
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- UK consumer price growth slowed in July, as falling costs of clothing and footwear, along with costs of recreational goods and services. Headline inflation rose at 1.8%, slower than the 2.3% seen in June.
- Prices of second-hand cars continue to edge higher, again putting upward pressure on CPI, helped by increased demand as consumers stay away from public transport and new supply tightens.
- RPI again' 'outperformed' consumer price indices on the upside, with the ONS noting larger weightings on insurance premiums, second-hand cars and house depreciation costs as a main factor.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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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