Weaker than expected, median forecasts having called for +0.4%, +3.5% respectively.
ONS says biggest reason for fall in CPI annual rate was food, especially fresh fruit, also petrol and alcohol.
Cable down at 1.4700 from around 1.4740 just prior to the release. Guess it works on premise we’re now less likely to see early rate hike. Oh well, go figure.
