UK inflation data now published 11 April
- +0.7% prev
- yy 2.3% vs +2.3% exp/prev
- CPIH yy 2.3% vs +2.3% exp/prev
- core CPI yy 1.8% vs +1.9% exp vs 2.0% prev
- RPI mm 0.3% vs +0.4% exp vs +1.1% prev
- yy 3.4% vs +3.2% exp/prev
- Retail Price Index 269.3 vs 269.50 exp vs 268.4 prev
- PPI output mm NSA +0.4% vs +0.1% exp vs +0.2% prev
- yy NSA 3.6% vs +3.4% exp vs +3.7% prev
- PPI input mm NSA +0.4% vs -0.1% exp vs -0.1% prev revised up from -0.4%
- yy NSA 17.9% vs +17.0% exp vs +19.4% prev revised up from 19.1%
- House Price Index Feb yy 5.8% vs +6.1% exp vs +5.3% prev revised down from +6.2%
A drop in core CPI should temper the headline gains but stronger PPI shows more inflation on the way.
Says the ONS:
- Rising prices for food, alcohol and tobacco, clothing and footwear, miscellaneous goods and services were the main upward contributors to change in the rate.
- These were largely offset by a downward contribution from transport, particularly air fares and, to a lesser extent, motor fuels.
Full reports here
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