- U.K. CPI unexpectedly slowed to 2.4% Y/Y in April, the lowest level since March 2017, compared to the forecast of 2.5.%.
- CPI rose 0.4% M/M in April, compared to the 0.1% in March
- Core CPI, which excludes food, energy, alcohol, and tobacco costs rose at a seasonally adjusted rate of 2.1% last month, below forecasts for an increase of 2.2%.
- The retail price index increased by 3.4% on an annualized basis in April, compared to 3.3% rise in March.
- ETFs: FXB, EWU, GBB, DBUK, FKU, EWUS, HEWU, QGBR, DGBP, FLGB, UGBP
- Source: Investing.com