21 Oct 2020
UK annualized CPI meets estimates with 0.5% in Sept, GBP/USD off the highs
- UK CPI rises 0.5% YoY in Sept vs. +0.5% expected.
- Monthly UK CPI arrives at +0.4% in Sept vs. +0.5% expected.
- GBP/USD remains capped below 1.2900 on the data release.
The UK Consumer Prices Index (CPI) 12-month rate came in at +0.5% in September when compared to +0.2% booked in August while matching expectations of a +0.5% print, the UK Office for National Statistics (ONS) reported on Wednesday.
more to come ...