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Uk Factory Gate Inflation for July Eases to the Slowest Pace in Nearly Three Years

Aug 10 2012
By
Forexbrokerz.com

News        

  • UK Input prices rose 1.3 pct m/m, though they were still 2.4 pct lower in y/y terms , forecasts was for an annual decline of 1.5 pct.
  • Producer output prices rose 1.7 on the year, compared with a downwardly revised 2.0 pct rise in June, lowest rate since Oct 2009,
  • Output prices also grew slower  then expected 2.1  pct
  • Core output prices also grew by just 1.3 pct v/s 2.0 pct rise in June, while economists expected rise of 1.6 pct
  • The central bank forecast that consumer price inflation would fall from the 2.4 pct hit in June in the short term, to around 2.1 pct in the last three months of 2012.
  • UK construction output dropped 3.9 pct in the Q2, less than the 5.2 pct slump the Office for National Statistics said
The material has been provided by Instaforex Company - instaforex.com
TAGS: Uk  Factory  Gate  Inflation  for  July  Eases  to  the  Slowest  Pace  in  Nearly  Three  Years 

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