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21 May 2013
Expect to see UK CPI fall - TD Securities
FXstreet.com (London) - Research teams at TD Securities expect to see CPI in the UK to fall from 2.8% to 2.5% Y/Y in April.
They said core prices will be the driving factor here, as they’ll likely be a little softer due to the big drop in package holiday prices that have affected inflation through most of the rest of Europe. Outside of core, the UK will have higher food prices helping to balance out lower fuel costs. The release of data is coming up at 09.30 BST and is high on the agenda for today.
They said core prices will be the driving factor here, as they’ll likely be a little softer due to the big drop in package holiday prices that have affected inflation through most of the rest of Europe. Outside of core, the UK will have higher food prices helping to balance out lower fuel costs. The release of data is coming up at 09.30 BST and is high on the agenda for today.