UK Inflation Beats With 1.6% Y/Y – GBP/USD Wobbles
January 17, 2017 at 06:23 AM EST
UK inflation rises more than expected: 0.5% month over month, 1.6% year over year and also core inflation accelerates to 1.6% y/y, the highest since 2014. The Retail Price Index (RPI) is up 0.6% m/m against 0.4% predicted.
