• -0.9% prev revised up from -1.1% prev
  • y/y nsa -5.0% vs -4.1% exp vs -5.3% prev revised up from -5.5%
  • output prices m/m nsa -0.1% vs +0.1% exp vs+ 0.1% revised up from 0.0%
  • y/y +0.5% vs +0.7% exp vs +0.6% prev
  • core output m/m nsa 0.0% v +0.1% exp vs 0.0% prev
  • y/y +1.0% vs +1.1% exp vs +1.0% prev

Mixed bag of data but eyes on the lower CPI data and pound selling

GBPUSD holding the key 1.6940 I highlighted and EURGBP capped at 0.8009 having failed to chew through all the offers I also highlighted. Lets see if there’s a second wave

Currently 1.6950 and 0.8001

UK producer prices May

UK producer prices May

UK PPI input prices mm

UK PPI input prices mm