02:00 | GBP | CPI (MoM) (Dec) | 0.4% | 0.2% | -0.2% | ||
02:00 | GBP | CPI (YoY) (Dec) | 4.0% | 3.8% | 3.9% |
UK Inflation Rises Unexpectedly, Tempering Talk of Rate Cuts
- Alcohol and tobacco were biggest factor lifting index
- Britain’s experience follows stronger figures in the US
The Consumer Prices Index rose 4% from a year earlier in December, up from a 3.9% increase the previous month, the Office for National Statistics said Wednesday. That was above economists’ expectations for a slight fall to 3.8%. Core inflation stripping out food and energy held at 5.1%.
https://www.bloomberg.com/news/artic...premium-europe
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