17 Jun 2014
UK: Annual CPI up 1.5% in May
FXStreet (Barcelona) - On an annual basis UK inflation grew 1.5% in May, down from the 1.8% rise recorded the previous month, National Statistics informed on Tuesday. Analysts expected a 1.7% increase.
Month-on-month CPI fell 0.1%, compared with the 0.4% rise and against forecasts of +0.2%. Core CPI climbed 1.6%, down from the 2% increase and slightly below consensus of +1.7%.
Month-on-month CPI fell 0.1%, compared with the 0.4% rise and against forecasts of +0.2%. Core CPI climbed 1.6%, down from the 2% increase and slightly below consensus of +1.7%.