UK PPI output prices fall to 3.1% YoY, below forecast
Latest Updates
UK PPI input prices fall to 4.9% YoY, beat forecast sharply
UK producer input prices rose 4.9% year-over-year, significantly undershooting the 6.5% forecast and declining from 7.3% previously. This deflationary trend supports BoE rate-cut expectations and weakens GBP as market odds shift toward easier monetary policy, contrasting with sticky downstream inflation pressures.
https://x.com/financialjuice/status/2089955722297585905UK PPI Output July 0.2% M/M; Input Falls 1.7%
UK producer prices rose 0.2% M/M in July (in line with forecast) while Y/Y output inflation cooled to 3.1% from 3.5%. Input PPI fell 1.7% M/M, beating expectations of 0.0% and signaling easing cost pressures. GBP/USD may react modestly as softer input inflation supports BoE rate-cut narrative, though broader market focus remains on Fed credibility and USD weakness.
https://x.com/LiveSquawk/status/2089956567592419512UK July PPI Output MoM meets forecast; YoY eases to 3.1%
UK Producer Price Index output rose 0.2% MoM in July (matching forecast, up from 0.0% prior) and slowed to 3.1% YoY (below 3.5% prior and 3.2% estimate). The softer annual print signals cooling producer-level inflation, potentially supporting BoE rate-cut expectations. GBP/USD and cable crosses face downward pressure if market reprices easing odds.
https://x.com/FirstSquawk/status/2089956520155128131New to MyTradingLand?
Sign up now to get your own personalized timeline!
Join CommunityAlready have an account? Log in