U.K. CPI unexpectedly climbs

Note: This section contains information in English only.
Source: Bloomberg
U.K. inflation rose unexpectedly in July first in last four months as airfares surged and there was some development of early summer discounts in clothing stores. CPI climbed 2.6% on year in July, after a 2.4% rise in June, as reported by the Office for National Statistics on Tuesday. Analysts expected a 2.3% increase. The pound prolonged its gain versus the U.S. Dollar and traded 0.2% up at $1.5725.

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