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UK annual inflation accelerates to 1.8% in January


February, 19 2020
watermark Economic news

According to the Office of National Statistics (ONS), inflation in Great Britain accelerated in January to 1.8% from 1.3% in December in annual terms, and in monthly terms, deflation was fixed at 0.3% against zero inflation a month earlier.


Analysts predicted that annual inflation would be 1.6%, and in monthly terms, experts expected a deflation of 0.4%.


The CPIH index (inflation, taking into account the costs of homeowners on housing maintenance) for the reporting month was 1.8% in annual terms against 1.4% a month earlier. In monthly terms, a deflation of 0.2% was recorded against zero dynamics in December.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.