• Prior 2.7%
  • 0.1% vs 0.3% exp m/m. Prior 0.4%
  • RPI 2.6% vs 3.0% exp y/y. Prior 3.2%
  • 0.0% vs 0.4% exp m/m. Prior 0.4%

That’s a big fall from the prior read and it’s smashed cable down to a low of 1.5855.

The core CPI (ex food, energy, alcohol and tobacco) fell to 1.7% from 2.2%, lowest since Sep 2009

Biggest falls were in Transport -0.3% from 1.1% y/y, education 10.3% from 21.4% y/y and fuels -4.2% vs -1.6% y/y. Again, the largest falls since 2009.

UK CPI 12 11 2013

UK CPI 12 11 2013