UK: Annual CPI up 2.8% in July

FXstreet.com (Barcelona) - According to data released today by National Statistics, UK annual inflation rose 2.8% in July, down from the 2.9% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis UK CPI remained steady, after dropping 0.2% in June, as expected.

Year-over-year UK Core CPI rose 2% in July, following +2.3% in June, below forecasts of risisng 2.2%.