UK CPI slowed to 1.5%, core CPI slowed to 1.6% in March

UK CPI slowed to 1.5% yoy in March, down from 1.7% yoy, matched expectations. Core CPI slowed to 1.6% yoy, down from 1.7% yoy, also matched expectations. RPI, on the other hand, accelerated to 2.6% yoy, up from 2.5% yoy, beat expectation of 2.3% yoy.

Also from UK, PPI input same in at -3.6% mom, -2.9% yoy. PPI output was at -0.2% mom, 0.3% yoy. PPI output core was at 0.3% mom, 0.9% yoy.