BREAKING: UK CPI slightly higher than expected. GBPUSD moves upward

UK CPI reading y/y: 6,7% vs 6,6% exp. and 6,7% previously (0,5% m/m vs 0,3% m/m previously)

UK Core CPI y/y: 6,1% vs 6% exp. and 6,2% previously (0,5% vs 0,1% previously)

• RPI m/m: 0,5% vs 0,5% exp and 0,5% previously
• PPI Output prices y/y: -0,1% vs -0,1% exp. and -0,4% previously
• PPI Output prices m/m: 0,4% vs 0,3% exp and 0,2% previously
• PPI Input prices y/y: -2,6% vs -2,5% exp and -2,3% previously
• PPI Input prices m/m: 0,4% vs 0,9% exp and 0,4% previously

Source: xStation5