Market Updates: UK Inflation Rate Slipped to 1.8% in January 2019 - Forex News by FX Leaders

Market Updates: UK Inflation Rate Slipped to 1.8% in January 2019

Posted Wednesday, February 13, 2019 by
Arslan Butt • 1 min read

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 1.8% in January 2019, down from 2.0% in December 2018. The largest downward contribution to the change in the 12-month rate came from electricity, gas and other fuels, with prices overall falling between December 2018 and January 2019 compared with price rises the same time a year ago.

The GBP/USD can take a bearish impact on this news.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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