ONS – 16 September 2020

  • Prior +1.0%
  • Core CPI 0.9% vs +0.5% y/y anticipated
  • Prior +1.8%

Delay at supply.

The headline studying reveals a firmer than anticipated determine at 0.2% vs 0.0% anticipated. Workplace for Nationwide Statistics mentioned that largest contributor for inflation got here from recreation and leisure. Downward stress got here from the UK’s ‘eat out to assist out scheme’. A scheme that helped eating places keep afloat as they fed the center courses for a reduction. Different downward stress got here from falling airfares.

Another particulars on the day as producer value and retail value figures are launched:

  • PPI output  0.0% vs +0.2% m/m anticipated
  • PPI output  -0.9% vs -0.7% y/y anticipated
  • PPI enter  -0.4% vs 0.2% m/m anticipated
  • PPI enter  -5.8% vs -5.3% y/y anticipated
  • RPI  -0.3% vs -0.3% m/m anticipated
  • RPI  0.5% vs +0.6% y/y anticipated

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