UK inflation steady increase in 0.6% import price pressure 姉summer

UK inflation steady increase in U.S. stock market center 0.6% import price pressure: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks news Beijing time on the evening of 13 Bloomberg said the UK August inflation unexpectedly held steady, although due to the weaker pound, more signs that the import price pressure accumulation. Consumer prices rose 0.6% from a year earlier, down from an estimated $0.7% in a Bloomberg survey, but still at their highest level since the end of 2014. According to data released by the National Bureau of Statistics (ONS) on Tuesday, import prices and factory input costs both hit the biggest increase since 2011. Although the Bank of England officials have warned that the fall in sterling this year will accelerate the growth of inflation, but officials will support the economy in the first place. Central bank officials will announce the latest interest rate decision on Thursday, a month ago, the Bank of England for the first time in seven years to cut interest rates, in response to the risk of the British referendum in June to withdraw from europe. Pound against the dollar since the referendum has fallen by about 11%. Britain was in favor of the referendum to withdraw from the EU, the impact of the referendum results are emerging through recent data. ONS said the UK producer prices in August jumped 7.6% year on year, the biggest increase since December 2011, while crude oil, food and imported metals and equipment have contributed to the growth of the data. Total imports increased by 9.3%. August ex factory price growth of 0.1%, an increase of 0.8%, the largest since January 2014 year on year increase. "The cost of raw materials has risen for second consecutive months, in part because of the devaluation of the pound, although there is little evidence that this has penetrated into consumer prices," said ONS, head of inflation, MikePrestwood. ONS said the biggest positive contributor to inflation in August was food and ticket prices, although the increase was offset by hotel, liquor and apparel prices. Core inflation in August was 1.3%, consistent with the July level. Based on the retail price index, the UK inflation rate in August was 1.8%, down from July’s $1.9%. Editor: handsome can Cong相关的主题文章: