UK PPI input Sept report 18 Oct 2016
- +0.2% prev
- yy NSA +7.2% vs +7.4% exp vs +7.6% prev
- PPI output mm NSA +0.2% as exp vs +0.1% prev
- yy NSA +1.2% vs +1.1% exp vs +0.9% prev revised up from +0.8%
- core output mm NSA +0.1% vs +0.2% exp vs +0.1% prev revised down from +0.2%
- yy NSA + 1.4% as exp vs +1.4% prev revised up from +1.3%
Softer headline readings will temper the stronger CPI data a little.
GBPUSD 1.2250 after failing at the 1.2280 area I highlighted earlier here.
Expect demand into 1.2220 still. EURGBP 0.8990 again after 0.8972 lows.