Currency Analyst since 2010

Pound hit by inflation data

GBP/USD slipped below 1.5250 after spiking to 1.5387 as the UK inflation figures were softer than expected. British consumer prices fell by 0.1% on a year to September and 0.1% on a monthly basis, both coming below forecasts. Growth is core prices also was below expectations: 1.0% vs. 1.1%. 


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