UK CPI in June came in 2% YoY vs 1.9% exp. and 2% previously (0.1% MoM vs 0.1% exp. and 0.1% previously)
UK Core CPI came in 3.5% YoY vs 3.4% exp. and 3.5% previously (0.2% MoM vs 0.5% previously)
UK PPI output prices came in lower than expected with 1.4% YoY vs 1.8% exp. and 1.7% previously (-0.3% MoM vs 0.1% exp. and -0.1% previously)
UK PPI input prices dropped -0.4% YoY vs 1.1% exp. and -0.1% previously (-0.8% MoM vs -0.1% exp. and 0% previously)
Source: xStation5
Source: UK Office for National Statiscis, Bloomberg Finance L.P. , XTB Research
Daily summary: Gold retreats 3% as US dollar rebounds after hawkish Warsh speech in Jackson Hole
🚩 EURUSD loses 0.3%
🗽 Fed chair, Kevin Warsh speech from Jackson Hole
Economic Calendar: All eyes on Kevin Warsh! Will Fed Chair protect his credibility?
