U.K. Inflation Data

• Consumer Price Index (CPI) (m/m) (oct), fact 0.1%, forecast 0.2%.
• Consumer Price Index (CPI) (y/y) (Oct), fact 2.4%, forecast 2.5%.
• Index of purchasing prices of manufacturers (m/m) (October), fact  0.8%,  forecast 0.6%.

An inflation report in the UK in October was restrained negative, which against the background of weak employment data in the UK increased the pressure on the British pound. Consumer price index in the UK remains downward.

U.K. Consumer price index (CPI) chart (y/y) 

The dynamics of the British pound are more dependent on the advancement of the Brexit talks, a preliminary text of which will be considered by the UK government today. And the growth of the British currency will largely depend on how it passes.

Hanzenko Anton

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