UK posts strong inflation data – TDS

Market news

13 November 2019

UK posts strong inflation data – TDS

Analysts at TD Securities note that UK’s core inflation was on top of consensus at 1.7% y/y while headline CPI was a tenth below, although in line with the BoE's forecast of 1.5% y/y.

“The downside mainly came from the Ofgem price cap review, not fundamental weakness, so nothing that markets need to take much notice of.”

U.S.: CPI, m/m , October 0.4% (forecast 0.3%)

German ZEW survey has signalled a quick end to the recession – ABN AMRO

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