GBPUSD: UK CPI at 2.0% (year over year) in June, Match Estimates

[vc_row][vc_column][vc_column_text]United Kingdom PPI Core Output (month over month) n.s.a meets expectations of 0.1 percent in June

United Kingdom Producer Price Index – Input (year over year) n.s.a came in at -0.3 % below forecasts of 0.5% in June.

United Kingdom Retail Price Index (year over year) in line with expectations of 2.9 percent in June

United Kingdom Consumer Price Index (year over year) meets expectations of 2 percent in June

United Kingdom Retail Price Index (MoM) meets expectations (0.1%) in June

United Kingdom Producer Price Index – Input (month over month) n.s.a came in at -1.4% below forecasts (-0.8%) in June

United Kingdom PPI Core Output (year over year) n.s.a meets forecasts (1.7%) in June

UK CPI steadies at 2.0% y/y in June, meets estimates

United Kingdom DCLG House Price Index (year over year) meets forecasts of 1.2% in May

United Kingdom Core Consumer Price Index (year over year) meets forecasts of 1.8% in June

United Kingdom Producer Price Index – Output (year over year) n.s.a came in at 1.6% missing expectations of 1.7% in June

GBPUSD looks unfazed on the news and trades around the 1.24 level, while the GBPJPY is trading at 134.24 and the EURGBP trades at 0.9042. The FTSE 100 in London is trading 0.22 percent lower at 7,560.[/vc_column_text][vc_column_text]Don’t miss a beat! Follow us on Twitter.[/vc_column_text][vc_single_image image=”9730″ img_size=”full” add_caption=”yes” alignment=”center” onclick=”link_image” title=”GBPUSD Hourly Chart”][/vc_column][/vc_row]