UK inflation unexpectedly cools to 2.5%, core price print slows further
U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.
UK Inflation Unexpectedly Falls, Core Price Measures Slow by More
LONDON (Reuters) - British inflation unexpectedly slowed last month and core measures of price growth - tracked by the Bank of England - fell more sharply, according to official data that will be welcomed by finance minister Rachel Reeves after recent a market selloff.
Wall Street surges as traders digest US and UK inflation data
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly fell to 2.5% in December. This was down from 2.6% in November, according to the Office for National Statistics. Economists had expected inflation to stay steady at 2.6%.
UK inflation unexpectedly dips to 2.5% in December
UK inflation unexpectedly dipped in December for the first time in three months as hotel prices fell and tobacco costs eased. Prices rose 2.5% in the year to December, down from 2.6% the month before,
UK inflation in surprise dip in December, raising hopes over bond market fears
The rise in the interest rate investors are charging the UK government to borrow money over 10 years hit a 16-year high in recent days, piling pressure on Chancellor Rachel Reeves to cut spending or raise taxes.
UK inflation unexpectedly eases in December, which could reduce pressure in bond markets
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...
UK inflation drop gives relief to Reeves after market selloff
British inflation slowed unexpectedly last month and core measures of price growth - tracked by the Bank of England - fell ...
UK Inflation Dips, Easing Some Pressure On Government
Britain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data showed Wednesday, easing some ...
UK inflation drops to 2.5% but expert issues dire warning - 'not for long'
UK inflation marginally fell in the year to December but remained stubbornly above the Bank of England' s 2% target. Consumer ...
FTSE jumps as inflation ‘relief’ raises hopes for rate cuts
Inflation remained stuck above the Bank of England’s 2pc target, official figures show, as rising prices put pressure on ...
Good news for chancellor Rachel Reeves on inflation but it may not last
A fall in December's CPI inflation of 0.1 percentage points to 2.5% is marginal, but by being below expectations it delivered ...
Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political ...
UK stocks mixed as investors await inflation data
London stocks were broadly higher on Tuesday, in line with their European peers following a report that U.S. President-elect ...
Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm
The cost of Government borrowing eased on Wednesday morning in a tentative sign of relief among traders after more heightened ...