UK inflation growth slowed in December; CPI rose 2.5% By Investing.com - Jan 15, 2025 5 Investing.com - UK inflation was cooler than expected in December, potentially offering the Bank of England ...

United Kingdom's annual CPI rose 2.5% in December vs. 2.7% estimate. British inflation advanced to 0.3% MoM in December vs. 0.4% forecast. GBP/USD drops below 1.2200 after UK CPI inflation data.

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate.

Investing.com - European stock markets closed higher Wednesday, as investors digested cooling UK inflation data, with sentiment improved after the release of CPI data showing a 0.4% increase in ...

The mixed UK macro data lifts BoE rate cut bets and undermines the British Pound. Higher German core CPI lends some support to the shared currency and spot prices. The EUR/GBP cross attracts fresh ...