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UK inflation came in a little stronger in July than analysts expected
UK inflation came in a little stronger in July than analysts expected
Mike BirdAug 18, 2015, 14:01 IST
A passenger pushes a broken down vehicle across Westminster Bridge as they participate in the annual London to Brighton Veteran Car Run, in London November 2, 2014.REUTERS/Toby Melville
British consumer price inflation was a smidgen stronger in July than analysts had expected, coming in at +0.1% year-on-year.
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Core prices, which strip out the effects of volatile items like food and energy, rose by 1.2%, considerably more than expected.
Analysts were expecting pretty much precisely what happened in June to happen in July too - 0% consumer price inflation (CPI) year-on-year, and 0.8% core price inflation.
