53545
Waiting for UK Inflation Data
Waiting for UK Inflation Data

Waiting for UK Inflation Data

Waiting for UK Inflation Data

The Office for National Statistics is expected to announce the UK consumer price index for October on Tuesday, NewsNow reported. The market will be watching the release of the inflation data, which in September just recorded its biggest monthly rise since November 2014. The country’s CPI inflation grew at an annual rate of 1% in September, up from 0.6% in August. Analysts generally attributed the September inflation growth to the sharp fall in the value of the pound after the Brexit vote, which pushed up the imports costs of domestic manufacturers, reflecting through the CPI in the coming months.

 

Short URL : https://goo.gl/Vxu0FN
  1. https://goo.gl/Vm02xC
  • https://goo.gl/6J4F3w
  • https://goo.gl/9gcZ4d
  • https://goo.gl/wIUtJ0
  • https://goo.gl/VGVpa2

You can also read ...

Lower-income families, already pinching pennies, are most exposed, given the likelihood of tariff-related price increases on everyday items.
China canceled trade talks with the US and will no longer send...
Dairy Exports Hinder US-Canada Deal
One of the last remaining points of contention in the trade...
Apple Begins Selling IPhone XS, XS Max Worldwide
Apple’s newest iPhone XS went on sale worldwide Friday as...
EU foreign affairs chief Federica Mogherinia (L) and Transport Commissioner Violeta Bulc present the proposal  for an EU strategy for connecting Europe and Asia.
While European Union leaders were in the middle of another...
Japan to Resist New Auto Tariffs
The Japan-US ministerial-level trade talks scheduled on Monday...
Turkey, Venezuela Plan to Use Local Currencies
Turkey and Venezuela are eager to use local currencies in...
Pakistan Seeks  to Increase  Exports to China
In a positive development, an important mission from China is...
Italy CB Urges Caution on Possible Deficit Hike
The governor of the Bank of Italy urged caution on the nation’...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus