UK headline CPI eases more-than-expected to +0.1% in September. Yearly rate holds steady at 1.7% as against an uptick to 1.8% expected. The UK Consumer Prices Index (CPI) 12-month rate matched previous month’s reading and held steady at 1.7% in September as compared to a modest uptick to 1.8% estimates, the UK Office for National Statistics (ONS) reported this Wednesday. Conversely, the core inflation gauge (excluding volatile food and energy items) arrived at 1.7% YoY during the reported month, up from 1.5% recorded in August and matched consensus forecast. Meanwhile, the monthly figures showed that the UK consumer prices rose 0.1% in September, worse than the previous month’s rise of 0.4% and also missed market expectations pointing to a reading of 0.2%. Given that the incoming Brexit headlines have been acting as an exclusive driver of the broader market sentiment surrounding the British Pound, Wednesday’s softer UK inflation figures did little to provide any meaningful impetus to the GBP/USD pair. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum market update: ETH/USD drops below DMA50 amid growing bearish sentiments FX Street 4 years UK headline CPI eases more-than-expected to +0.1% in September. Yearly rate holds steady at 1.7% as against an uptick to 1.8% expected. The UK Consumer Prices Index (CPI) 12-month rate matched previous month's reading and held steady at 1.7% in September as compared to a modest uptick to 1.8% estimates, the UK Office for National Statistics (ONS) reported this Wednesday. Conversely, the core inflation gauge (excluding volatile food and energy items) arrived at 1.7% YoY during the reported month, up from 1.5% recorded in August and matched consensus forecast. Meanwhile, the monthly figures showed that the UK consumer… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
