UK: Annual CPI at 2.4% in April

FXstreet.com (Barcelona) - On an annual basis UK CPI rose 2.4% in April, down from the 2.8% increase registered the previous month, National Statistics informed on Tuesday. Analysts expected more growth of 2.6%. Month-over-month CPI ticked up 0.2%, following +0.3% and below forecasts of a 0.4% expansion.

Annual Core CPI grew 2% in April, down from the 2.4% increase in March and below consensus of +2.3%.

May 21, 2013

GBP/JPY falls off highs to settle at 156.12/15

The GBP/JPY erased the vast majority of its gains Tuesday, following a generally lackluster data release out of the United Kingdom during European trading.

UK: Annual PPI – Output rises 1.1% in April

In the year to April 2013 UK PPI – Output n.s.a. grew 1.1% , in comparison with a increase of 1.9% the previous month, National Statistics reported today. Analysts expected more growth of 1.5%. On a monthly basis UK PPI – Output n.s.a. fell 0.1% in April, following a 0.2% rise in March and against market consensus of no change.