Breaking: UK annual CPI jumps to 6.2% in February vs. 5.9% expected By FXstreetNews Breaking UnitedKingdom CPI Inflation Macroeconomics
Annual Core CPI, which excludes volatile food and energy prices, rose to 5.2% from 4.4%, compared to analysts' estimate of 5%.
Further details of the report revealed that the annual Retail Price Index climbed to 8.2% from 7.8% as expected and the Producer Price Index stretched higher to 14.7% from 14.2% in the same period.These figures don't seem to be having a significant impact on the British pound's performance against its rivals. As of writing, theInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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