UK CPI: Markets expecting a 0.2% m-o-m increase - Rabobank

Sandeep Kanihama FXStreet Contributor

Michael Every, Senior Asia-Pacific Strategist at Rabobank, suggests that market expectation for UK CPI is a 0.2% m-o-m increase and 2.9% y-o-y.

Key Quotes

“On a core basis we are expected to see CPI up 2.6% y-o-y, so no relief there for now either. Meanwhile, let’s count how many hours pass until we get a new Brexit/government in-fighting headline as the good ship HMS Strong & Stable sails headlong towards iceberg-filled waters.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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