Mixed Inflation Figures From the UK

Posted Wednesday, January 16, 2019 by
Skerdian Meta • 1 min read

Another decline in UK inflation

The inflation report from the UK was released a while ago. The Bank of England Chairman was holding a speech meanwhile. Not much was expected from his speech today, being where we are with Brexit, and he did leave it all to Brexit. Let’s have a look at the inflation figures though:

UK Data	Actual	Expected	Previous
CPI MoM	0.2%	0.2%	0.2%
CPI YoY	2.1%	2.1%	2.3%
CPI Core YoY	1.9%	1.8%	1.8%
HPI YoY	2.8%	3.0%	2.7%
RPI MoM	0.4%	0.5%	0.4%
RPI YoY	2.7%	2.9%	3.2%
PPI Input MoM	-1.0%	-1.5%	-2.3%
PPI Input YoY	3.7%	3.7%	3.8%
PPI Output MoM	-0.3%	0.1%	0.2%
PPI Output YoY	3.1%	2.9%	3.1%

As you can see, PPI (producer price index) input and output declined and that is due to falling Oil prices. Crude Oil has made a pullback higher in the lat several weeks, but that will take some time to reflect in producer prices.

Headline inflation falls again to 2.1% from 2.3% previously, but core inflation ticked higher to 1.9% from 1.8% previously, beating expectations as well.

Check out our free forex signals

Follow the top economic events on FX Leaders economic calendar

Trade better, discover more Forex Trading Strategies

About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.