UK CPIH September 2017 2.8% vs 2.8% exp y/y

by | October 17th, 2017, 08:30:05 | Economic Data, UK

UK economics

September 2017 UK CPI and RPI report 17 October 2017

  • Prior 2.7%
  • CPI 3.0% vs 3.0% exp y/y. Prior 2.9%
  • 0.3% vs 0.3% exp m/m. Prior 0.6%
  • Core CPI 2.7% vs 2.7% exp y/y. Prior 2.7%
  • 0.2% vs 0.3% exp m/m. Prior 0.6%
  • RPI 0.1% vs 0.3% exp m/m. Prior 0.7%
  • 3.9% vs 4.0% exp y/y. Prior 3.9%
  • HPI 5.0% vs 5.4% exp y/y. PRior 5.1%. Revised to 4.5%

Pretty much on the money and while GBPUSD has come off the highs, there will be some relief that CPI met expectations and didn’t fall.

ONS says;

  • The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.8% in September 2017, up from 2.7% in August 2017; it was last higher in March 2012.
  • The main contributors to the increase in the rate were rising prices for food and recreational goods, along with transport costs, which fell by less than they did a year ago.
  • These upward effects were partially offset by downward contributions from a range of goods and services, in particular clothing prices, which rose by less than they did a year ago.
  • The Consumer Prices Index (CPI) 12-month rate was 3.0% in September 2017, up from 2.9% in August 2017; it was last higher in March 2012.
UK CPI details 17 10 2017

UK CPI details 17 10 2017

UK CPI 17 10 2017

Ryan Littlestone
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