BREAKING: UK inflation slightly below expectations. Weak PPI from Germany 📊

8:00 AM 20 March 2024

UK CPI YoY: 3.4% vs 3.5% exp. and 4% previously

  • Core CPI YoY: 4.5% vs 4.6% exp. and 5.1% previously (-0.6% MoM vs -0.9% MoM previously)

UK PPI Output prices YoY: 0.4% vs -0.1% exp. and -0.6% previously (0.3% MoM vs 0.1% exp. and -0.2% previously)

UK PPI Input prices YoY: -2.7% vs -2.7% exp. and -3.4% previously (-0.4% vs 0.2% exp. and -0.8% previously)

Germany PPI YoY: -4.1% vs -3.8% exp. and -4.4% previously (PPI MoM: -0.4% vs -0.1% exp. and 0.2% previously)

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