Pound Falls Ahead Of U.K. CPI, PPI And HPI
15 August 2017 - 2:25PM
RTTF2
At 4:30 am ET Tuesday, the Office for National Statistics is
slated to release U.K. consumer and producer prices for July and
house price index for June. Inflation is expected to rise slightly
to 2.7 percent in July from 2.6 percent in June. Output price
inflation is seen at 3.1 percent in July versus 3.3 percent in
June. Input price inflation is forecast to fall to 6.9 percent in
July from 9.9 percent in June.
Ahead of these data, the pound fell against its major
rivals.
As of 4:25 am ET, the pound was trading at 0.9082 against the
euro, 1.2587 against the Swiss franc, 1.2942 against the U.S.
dollar and 142.78 against the yen.
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