U.K. Inflation Growth Slows to 0.5% in Dec. (FXB)

The U.K. Office for National Statistics issued the following data points on Tuesday:

• The Consumer Prices Index (CPI) grew by 0.5% in the year to December 2014, down from 1.0% in November.
• The main contributions to the fall came from the December 2013 gas and electricity price rises falling out of the calculation and the continuing drop in motor fuel prices.
• CPIH (not a National Statistic) grew by 0.6% in the year to December 2014, down from 1.0% in November.

You May Also Be Interested In

• Crude Inventory Rose 3 Million Barrels Last Week - EIA
• Dollar firm at 1-year highs as Euro Inflation cools; yen in Intervention zone
• Dollar slides after jobs data, chipmakers weigh on stocks