UK CPI accelerated to 0.5% yoy in September, up from 0.2% yoy, matched expectations. Core CPI also jumped to 1.3% yoy, up from 0.9% yoy, matched expectations. RPI rose to 1.1% yoy, up from 0.5% yoy, matched expectations.
PPI input came in at 1.1% mom, -3.7% yoy versus expectation of -0.5% mom, -5.4% yoy. PPI output was at -0.1% mom, -0.9% yoy versus expectation of -0.1% mom, -0.9% yoy. PPI output core was at 0.2% mom, 0.3% yoy, versus expectation of 0.0% mom, -0.4% yoy.
