UK CPI slowed to 2.3% yoy in November, down from 2.4% and matched expectations. But core CPI also slowed to 1.8% yoy, down from 1.9% yoy and missed expectation of 1.9% yoy. RPI also slowed to 3.2% yoy, down from 3.3% yoy and missed expectation of 3.3% yoy.
PPI input slowed to 5.6% yoy, down from 10.3% yoy, below expectation of 9.6% yoy. PPI output slowed to 3.1%yoy, down from 3.3% yoy, matched expectations. PPI output core slowed to 2.4% yoy, down from 2.5% yoy, above expectation of 2.3% yoy.
House price index slowed to 2.7% yoy in October, missed expectation of 3.3% yoy.
EUR/GBP is a touch higher after the release, but there is no follow through selling in the Pound.
