UK January CPI +3.0% vs +2.8% y/y expected ...Middle East

Prior +2.5%Core CPI +3.7% vs +3.7% y/y expectedPrior +3.2%

The only bright side is that the monthly changes to both headline and core inflation were negative. Headline monthly inflation was seen down 0.1% while core monthly inflation was seen down 0.4%. That owed much to a fall in both housing and household services.

This article was written by Justin Low at www.forexlive.com.

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