Seeking Alpha

U.K. inflation continues to slide

  • As expected, U.K. CPI has fallen further away from the Bank of England's 2% target, dropping to 1.7% on year in February from 1.9% in March.
  • "The largest contribution to the fall in the rate came from transport (principally motor fuels), with other smaller effects from the housing & household services and clothing & footwear sectors," the U.K. government says.
  • On month, CPI recovered to +0.5% from -0.6% and vs +0.5% consensus.
  • Core CPI +1.7% on year vs +1.6% and +1.6%. (PR)
  • Factory output prices (PPI) flat on month +0.3% and +0.2%. (PR)
  • The pound is flat at $1.6498, while the FTSE 100 is +1.1%.
  • ETFs: FXB, EWU, GBB, IHY, HYXU, EWUS, PGHY, FKU, DXPS, DBUK
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs