Tue, Jan 31, 2023 @ 16:07 GMT
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UK CPI slowed to 2.0% in May, core CPI slowed to 1.7%

UK CPI rose 0.3% mom in May. Annually, CPI slowed to 2.0% yoy, down from 2.1% yoy. Core CPI slowed to 1.7%, down from 1.8%. All three figures matched expectations. Also released, RPI was unchanged at 3.0% yoy, above expectation of 2.9% yoy. PPI input slowed to 1.3% yoy, beat expectation of 0.8% yoy. PPI output slowed to 1.8% yoy, matched expectations. PPI output core slowed to 2.0% yoy, matched expectations. House price index was unchanged at 1.4% yoy in April, above expectation of 1.1% yoy.

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