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.
BREAKING: Producer Inflation in Germany lower than expected
Macro Calendar: Quiet Start to an Eventful Week
Morning wrap (20.10.2025)
Daily summary: Trump remarks helps Wall Street 📈Precious metals decline