The UK Consumer Prices Index (CPI) 12-month rate came in at 2.5% in July, a tad firmer from June’s 2.4% and matching the 2.5% print anticipated, the UK Office for National Statistics (ONS) reported on Wednesday. Meanwhile, the core inflation gauge (excluding volatile food and energy items) arrived at 1.9% y/y, same as that booked in June while matching the consensus forecast. The monthly figures showed that the UK consumer prices steadied at to 0.0% in July, meeting 0.0% expectations. Main Points (via ONS): “Rising prices for computer games and transport fares produced the largest upward contributions to change in the 12-month rate between June and July 2018, although computer game prices tend to be highly variable from month to month. The upward effects were offset by falls in prices for clothing and footwear and the removal of initial charges for investment in some unit trusts. Prices for clothing and footwear fell by 0.4% between July 2017 and July 2018, the first time the 12-month rate has been negative since October 2016.” 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 Turkish court rejects lawyer appeal to release US pastor Brunson – CNN FX Street 5 years The UK Consumer Prices Index (CPI) 12-month rate came in at 2.5% in July, a tad firmer from June's 2.4% and matching the 2.5% print anticipated, the UK Office for National Statistics (ONS) reported on Wednesday. Meanwhile, the core inflation gauge (excluding volatile food and energy items) arrived at 1.9% y/y, same as that booked in June while matching the consensus forecast. The monthly figures showed that the UK consumer prices steadied at to 0.0% in July, meeting 0.0% expectations. Main Points (via ONS): "Rising prices for computer games and transport fares produced the largest upward contributions to change… 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.
