British annual inflation rebounds from 5-year maximum

British annual inflation rebounds from 5-year maximum

In December, consumer price inflation in Great Britain drifted away from a five-year maximum, as official data disclosed on Tuesday.

The UK Office for National Statistics informed that the rate of consumer price inflation rallied from 2016 by a seasonally updated 3% the previous month, which is in line with hopes versus November’s 3.1% soar that had been the highest inflation since March 2012.

Month-over-month, in December consumer price inflation added 0.4%, which is also in line with estimates and compared to the 0.3% leap recorded the previous month.

Core CPI, excluding energy, alcohol, food and tobacco costs tacked on at a seasonally updated rate of 2.5% the previous month, which is below estimates for a 2.6% and 2.7% soar reported in November.

In December, the retail price index jumped by 4.1% on an annualized basis versus last month’s 3.9% ascend. Financial experts had hoped inflation would match November’s outcome.

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera