07:00 AM GMT, United Kingdom - Inflation Data for January:
- CPI: actual 4.0% YoY; forecast 4.1% YoY; previous 4.0% YoY;
- CPI: actual -0.6% MoM; forecast -0.3% MoM; previous 0.4% MoM;
- Core CPI: actual -0.9% MoM; forecast -0.8% MoM; previous 0.6% MoM;
- Core CPI: actual 5.1% YoY; forecast 5.2% YoY; previous 5.1% YoY;
- Core PPI Output: actual 0.2% MoM; previous -0.1% MoM;
- Core PPI Output: actual -0.4% YoY; previous 0.1% YoY;
The report showed lower year-on-year price growth compared to analysts' expectations. Shortly after the publication, the British pound weakened in a dynamic downward movement on the GBPUSD pair. As can be seen, this is the second such move after yesterday's CPI data publication, where the reason for the fall was the sharp strengthening of the dollar.
Source: xStation 5
Economic calendar: US Philly Fed and central bankers speeches in focus
BREAKING: UK manufacturing data slightly stronger than expected; GDP lags slightly
Morning wrap (16.10.2025)
Fed's Miran signals two more rate cuts this year and disinflationary process🗽