22 Mar 2023
Breaking: UK annualized CPI inflation jumps to 10.4% in February vs. 9.8% expected
- UK CPI rises to 10.4% YoY in February vs. 9.8% expected.
- Monthly UK CPI arrives at 1.1% in February vs. 0.6% expected.
- GBP/USD jumps above 1.2250 on upbeat UK CPIs.
According to the latest data pulbished by the UK Office for National Statistics (ONS) on Wednesday, Britain’s annualized Consumer Prices Index (CPI) jumped to 10.4% in February against the 10.1% increase recorded in December while missing estimates of a 9.8% clip.
more to come ...