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United Kingdom Inflation Rate YoY
The most significant categories in the consumer price index in the United Kingdom are Transport accounting for 16% of the total weight, and Recreation and Culture accounting for 15% of the total weight. Housing, water, electricity, gas, and other fuels contribute for 13% of overall expenditure, restaurants, and hotels account for 12%, and food and non-alcoholic beverages account for 10%. Also, the index includes miscellaneous products and services (9%), clothing and footwear (7%), and furniture, household equipment, and maintenance (6%). Alcoholic beverages and tobacco, as well as health, communication, and education account for the remaining 11% of total weight.
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.
Forex Sentiment (GBP)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| GBPUSD |
|
|
1.2857 -429 pips |
1.3209 +77 pips |
1.32856 | |
| GBPJPY |
|
|
182.5263 -634 pips |
191.1112 -225 pips |
188.866 | |
| EURGBP |
|
|
0.8494 -82 pips |
0.8593 -17 pips |
0.85759 | |
| GBPCAD |
|
|
1.7931 -463 pips |
1.8377 +17 pips |
1.83939 | |
| GBPCHF |
|
|
1.0847 +1 pips |
1.1212 -366 pips |
1.08464 | |
| GBPNZD |
|
|
2.1887 -489 pips |
2.1767 +609 pips |
2.23758 | |
| GBPAUD |
|
|
2.0109 -723 pips |
2.1055 -223 pips |
2.08323 | |
| GBPNOK |
|
|
13.7912 -1320 pips |
13.9903 -671 pips |
13.92322 | |
| GBPSEK |
|
|
12.7893 +50 pips |
13.0216 -2373 pips |
12.78429 | |
| GBPSGD |
|
|
1.7352 -62 pips |
1.7674 -260 pips |
1.74140 |
News (GBP)
UK Inflation Slows To 2.6%
UK consumer price inflation weakened more than expected to a three-month low in March ahead of an increase in energy bills in April, the Office for National Statistics said on Wednesday. Consumer prices registered an annual growth of 2.6 percent, slower than the 2.8 percent increase in February. Prices were forecast to climb 2.7 percent.
RTTNews | 2 days ago
UK Job Market Remains Strong
The UK labor market remained strong in the three months to February, ahead of rise in payroll taxes and new trade tariffs, data from the Office for National Statistics revealed Tuesday. Annual growth in employees' earnings excluding bonuses was 5.9 percent in the December to February period.
RTTNews | 3 days ago
UK GDP Growth Rebounds In February
The UK economy expanded at a solid pace in February with increases in all main sectors but recent trade tariffs announced by the US administration cast shadow over recovery prospects. Real gross domestic product grew 0.5 percent from the previous month following a nil growth in January, data from the Office for National Statistics revealed Friday. GDP was expected to climb 0.1 percent.
RTTNews | 7 days ago
