British inflation remains stagnant in August as reported by the Office of National Statistics. Yearly values of 0.60% were not able to meet expectations of 0.70% whereas monthly data posted an incline of 0.30% with air fares and food costs leading once again the gains. The weakness of the sterling pound was expecting a surge in consumer prices after the UK referendum vote, according to Carney.
UK Inflation Falls Off-Pace
Daily Analysis - 14/09/2016