Sterling is steady after consumer inflation data met expectations.
UK headline CPI rose to 2.5% yoy in July , up from 2.4% yoy and met expectation.
Core CPI was unchanged at 1.9% yoy, met expectation.
RPI, however, slowed notably to 3.2% yoy, down from 3.4% yoy and missed expectation of 3.6% yoy.
PPI input rose to 10.9% yoy, up from 10.3% yoy, above expectation of 10.8% yoy.
PPI output slowed to 3.1% yoy, down from 3.3% yoy and missed expectation of 3.2% yoy.
PPI output core dropped to 2.2% yoy, down from 2.4% yoy, missed expectation of 2.2% yoy.
House price index slowed to 3.0% yoy in June, slowed from 3.5% yoy, above expectation of 2.8% yoy.
