U.K. factory gate (producer) prices come in ahead of expectations, rising 0.5% in December to a...

|By:, SA News Editor

U.K. factory gate (producer) prices come in ahead of expectations, rising 0.5% in December to a 4.2% annual rate. Core inflation was more subdued as it's those pesky energy and food prices to blame for the the out-sized increase. U.K. -1.05%. Sterling is flattish at $1.5861.