HomeLive CommentsUK CPI rises to 2.2% in Jul, core down to 3.3%, both...

UK CPI rises to 2.2% in Jul, core down to 3.3%, both below expectations

UK CPI rose from 2.0% yoy to 2.2% yoy in July, below expectation of 2.3% yoy. Core CPI (excluding energy, food, alcohol and tobacco) slowed from 3.5% yoy to 3.3% yoy, below expectation of 3.4% yoy. Core CPI reading was the lowest since September 2021.

CPI goods annual rate rose from -1.4% yoy to negative 0.6% yoy. CPI services annual rate fell from 5.7% yoy to 5.2% yoy.

On a monthly basis, CPI fell by -0.2% mom.

Full UK CPI release here.

Featured Analysis

Learn Forex Trading