United States publish inflation data

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The United States Bureau of Labor Statistics has just published the monthly inflation data sets. US Consumer Price index m/m was forecast to have increased 0.4%. The actual number hit the forecast. Consumer Price Index y/y was forecast to have increased 5.0%. The actual number is 4.9%. Core Consumer Price Index m/m was forecast to have increased 0.3%. Core inflation beat forecast by increasing 0.4%.
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Thu, 11 May 2023 11:09:41 GMT

Bank of England hikes rates

The BoE has just increased its Official Bank Rate from 4.25% up to 4.50%. The central bank has decided to hike only 0.25%, despite annual inflation in the United Kingdom once again being above 10.00% mark

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