UK CPI was unchanged at 1.7% yoy in September, missed expectation of 1.8% yoy. Core CPI, on the other hand, accelerated to 1.7% yoy, up from 1.5% yoy, matched expectations. RPI, however, slowed to 2.4% yoy, down from 2.6% yoy and missed expectation of 2.7% yoy.
Also from UK, PPI input dropped to -2.8% yoy, down from -0.9% yoy and missed expectation of -1.8% yoy. PPI output dropped to 1.2% yoy, down from 1.6% yoy and missed expectation of 1.3% yoy. PPI output core dropped to 1.7% yoy, down from 2.0% yoy, missed expectation of 1.9% yoy.
