UK CPI rose less than expected in February

Market news

20 March 2018

UK CPI rose less than expected in February

The Consumer Prices Index including owner occupiers' housing costs (CPIH) 12-month inflation rate was 2.5% in February 2018, down from 2.7% in January 2018.

The largest downward contributions to the change in the rate came from transport and food prices, which rose by less than a year ago.

Falling prices for accommodation services also had a downward effect.

Rising prices for footwear produced the largest, partially offsetting, upward contribution.

The Consumer Prices Index (CPI) 12-month rate was 2.7% in February 2018, down from 3.0% in January 2018.

The rate of UK inflation for goods leaving the factory gate was 2.6% on the year to February 2018, down from 2.8%

United Kingdom: HICP, Y/Y, February 2.7% (forecast 2.8%)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.