UK January producer output prices +1.0% m/m, +4.8% y/y

Stronger than median forecasts of +0.5%, +4.4% respectively. Highest y/y rate since May 2010.

Input prices +1.7% m/m, +13.4% y/y, stronger than median forecasts of +1.4%, +12.6% respectively. Highest y/y rate since October 2008.

Data going to increase calls for Bank of England rate hike.

EUR/GBP trading at session low .8428.