7:01 AM · 17 January 2024

BREAKING: UK CPI higher than expected. GBPUSD gains

CPI inflation from the United Kingdom (December 2023) came in 4% y/y vs 3.9% exp. and 3.8% previously (0.4% MoM vs 0.2% exp. and -0.2% previously)

  • Core CPI inflation y/y: 5.1% vs 4.9% exp. and 5.1% previously (0.6% MoM vs -0.3% previously)
  • RPI MoM: 0.5% vs 0.37% exp. and -0.1% previously
  • PPI Output prices y/y: 0.1% vs 0.4% exp. and -0.2% previously
  • PPI Output prices MoM: -0.2% vs -0.6% exp. and -0.2% previously
  • PPI Input prices y/y: -2.8% vs -1.9% exp. and -2.6% previously
  • PPI Input prices MoM: -1.2% vs -0.6% and -0.3% previously

We can see the British pound sterling strengthening after the CPI inflation reading suggest persist inflationary risks in UK economy. 

Source: xStation5

5 November 2026, 8:13 AM

Economic Calendar: Investors Await the Bank of England's Decision 🏛️

5 November 2026, 6:39 AM

What Drives the Market❓Top Morning News ⏰ (November 5, 2026)

4 November 2026, 3:31 PM

BREAKING: ISM for services grows at the slowest pace in three months, cost pressure persists

4 November 2026, 1:28 PM

BREAKING: US Labor Market Stronger Than Expected. ADP Report Surprises Ahead of Government Data

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits