UK: Downside surprise in inflation - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities note that the UK inflation surprised to the downside in September, with headline inflation falling 3 ticks to 2.4% y/y and core inflation falling 2 ticks to 1.9% y/y.

Key Quotes

“As expected, volatile components drove the declines, with food and transport prices the key drags on the headline, and video game and clothing prices the key drag to the core measure.”

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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