The TD Securities Analysts believe the UK July Core Consumer Price Index (CPI) is expected to remain unchanged from the June month reading.
“We look for core CPI to hold steady at 1.7% y/y in July (mkt 1.8%), with the recent depreciation of the pound unlikely to have any material impact quite yet.
For headline CPI, we look for a 1.9% y/y (mkt 1.9%), which is a touch above the BoE's forecast from the August IR for a 1.8% print.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.