Producer price index data now out but main focus on CPI
- -1.2% prev revised down from -0.9%
- yy NSA -13.8% vs -13.6% exp vs -12.6% prev revised down from -12.4%
- output mm NSA -0.4% vs -0.2% exp vs -0.1% prev
- yy NSA -1.8% VCS -1.7% exp vs -1.6% prev
- core output mm NSA 0.0% as exp vs +0.1% prev
- yy NSA
Softer readings again unsurprising given fall in commodity prices
Cable running into sellers above 1.5450 again. Currently 1.5445. EURGBP little changed at 0.7316