UK inflation expected to grow far from target

Note: This section contains information in English only.
Source: WBP Online
The UK inflation rate release on Tuesday is anticipated to show a steady 0.5% year-on-year advance for April, continuously showing the highest level in 15 months. The forecast is disappointingly lower than the government target which is set at an annual 2%. Core inflation, however, is likely to drop to the 1.4% mark, as opposed to 1.5% in March.
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Tue, 17 May 2016 09:17:45 GMT

Surprise UK inflation data driven by air fare plunge

The UK CPI fell short of analyst expectations as the data release showed a 0.1% monthly decrease in the measure for April, missing the predicted 0.3%, with air fares, clothing and vehicles being the main drivers for the price decrease. Data on the year-on-year inflation level showed further disappointment with 0.3%, in comparison to an expected 0.5%, while core inflation

Tue, 17 May 2016 13:14:51 GMT

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