Britain is at risk of falling into "stagflation" this year as the consumer price index (CPI) rate of inflation is forecast to ...

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.

There was a surprise drop in the rate of UK inflation in December. The Consumer Prices Index (CPI) rose by 2.5% on an annual basis, down from 2.6% in November. The next report will be published on ...

EUR/GBP gains momentum to near 0.8445 in Wednesday’s early European session. UK CPI inflation eases to 2.5% YoY in December vs. 2.7% expected. ECB’s Rehn said it makes sense to continue rate cuts.

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 ...

Still, sterling is firm, and UK Gilts have rallied. Today's North American focus is on the CPI. While yesterday's PPI came in slightly softer than expected, the components that feed into the PCE ...