07:00 AM GMT, United Kingdom - Inflation Data for October:
- CPI: actual 0.6% MoM; previous 0.0% MoM;
- CPI: actual 2.3% YoY; forecast 2.2% YoY; previous 1.7% YoY;
- Core CPI: actual 0.4% MoM; previous 0.1% MoM;
- Core CPI: actual 3.3% YoY; forecast 3.1% YoY; previous 3.2% YoY;
- RPI: actual 3.4% YoY; forecast 3.3% YoY; previous 2.7% YoY;
- Core RPI: actual 0.5% MoM; previous -0.4% MoM;
- Core RPI: actual 2.8% YoY; previous 2.0% YoY;
- PPI: actual 0.0% MoM; forecast -0.1% MoM; previous -0.4% MoM;
- PPI: actual -0.8% YoY; previous -0.6% YoY;
Consumer prices rose by 0.6% on the month, while core prices increased by 0.4%, both slightly exceeding estimates. Core annual inflation also came in higher than expected, reinforcing expectations that the Bank of England (BOE) will maintain its current bank rate next month. Services inflation remains a key concern, with core services inflation ticking up to 5.0% from 4.9% the previous month.
_ac27ecee3b.png)
Market Wrap: "Decent" results are not enough โ tech stocks fall further; oil highest since May (22.10.2026)
Economic Calendar: Markets Await Reports from Procter & Gamble and Western Digital ๐ก
Daily Summary: SpaceX and the tech sector drive Wall Street, oil retreats sharply below $97
Russia is selling off gold reserves. Why, to whom, and does it matter for the market?