News Headline Summary

UK CPI (Dec) Y/Y 2.7% vs. Exp. 2.7% (Prev. 2.7%)

- UK CPI (Dec) M/M 0.5% vs. Exp. 0.5% (Prev. 0.2%)
- UK CPI Core (Dec) Y/Y 2.4% vs. Exp. 2.6% (Prev. 2.6%)

Update details:

- ONS says biggest upward contributions to CPI from utility bills and biggest downward pressures on CPI from transport.

Reaction details:

- In an immediate reaction, GBP/USD fell 12 pips from 1.6091 to 1.6079.

Print 09:30, 15 Jan 2013 - UK Data - Source: Newswires