At 7:00am BST, we learned CPI and PPI inflation data from the UK, which turned out to be below analysts' expectations!
CPI inflation (y/y). Currently: 8.7% y/y. Expected: 8.2% y/y. Previously: 10.1% y/y.
Core CPI inflation (y/y). Current: 6,8% % y/y. Expected: 6.2% y/y. Previously: 6.2% y/y.
CPI inflation (m/m). Current: 1,2% % y/y. Expected: 0.8% m/m. Previously: 0.8% m/m.
Core CPI inflation (m/m) Currently: 1,3% % m/m. Expected: 0.7% m/m. Previously: 0,9%.
PPI inflation (y/y). Currently: 5,4% y/y. Previously: 8,7% y/y.
PPI core inflation (y/y). Currently: 6% y/y. Previously: 8,5% y/y.
UK PPI Output NSA (M/M) Apr: 0.0% (est 0.2%; prevR 0.0%)
UK PPI Input NSA (M/M) Apr: -0.3% (est 0.2%; prev 0.2%)
The slowdown in price growth is largely due to a base effect, as the almost 50 per cent increase in home energy prices last year falls out of the annual comparison.
The GBPUSD pair reacted strongly upwards to today's inflation reading, which increased the chances of a hawkish turn from the BoE. Source: xStation5
Daily Summary: Will the S&P 500 close the week with a loss❓Find out what drove the market today ⬇️
Economic Calendar: US consumer sentiment and Fed speeches in the focus (26.06.2026)
Market Wrap: Markets Rally on Strong Micron Data (25.06.2026)
BREAKING: PCE Inflation and income raise 📈EURUSD gains 0,2%
