Home UK annualized CPI meets estimates with 0.5% in Sept, GBP/USD off the highs

UK annualized CPI meets estimates with 0.5% in Sept, GBP/USD off the highs

Updated: 21 Oct. 2020 | 08:07

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 …

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