UK PPI input Jan mm NSA -0.7% vs -1.2% exp

Latest producer price index data now out

• -0.3% prev revised up from -0.8%
• yy NSA -7.6% vs -8.6% exp vs -10.4% prev revised up from -10.8%
• output mm NSA -0.1% vs -0.2% exp vs -0.3% prev revised down from -0.2%
• yy NSA -1.0% vs -0.9% exp vs -1.4% prev rev down from -1.2%
• core output mm NSA +0.1% as exp vs +0.2% prev
• yy NSA 0.0% as exp vs +0.1% prev

House Price Index Dec YY +6.7% vs +7.7% prev

Better than expected headline but the rest of it is soft still.

GBPUSD 1.4490 after dipping to 1.4465 on the as expected CPI data. I did warn about the buy rumour/sell fact in my preview.