UK house price inflation rises 0.8% in October

Noticias del mercado

15 diciembre 2015

UK house price inflation rises 0.8% in October

The Office for National Statistics (ONS) released its house inflation data for the U.K. on Tuesday. The U.K. house price index rose at a seasonally adjusted rate of 0.8% in October, after a 0.8% increase in September.

On a yearly basis, the U.K. house price index increased at a seasonally adjusted rate of 7.0% in October, after a 6.1% in September. It was the highest rise since March.

The higher house price inflation was mainly driven by an increase in prices in the East and the South East.

The average mix-adjusted house price was £287,000 in October, up from £286,000 in September.

U.S.: CPI excluding food and energy, Y/Y, November 2% (forecast 2.0%)

Foreign exchange market. European session: the euro traded lower against the U.S. dollar despite the positive data from the Eurozone as market participants are awaiting the release of the Fed's monetary policy meeting results on Wednesday

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