Day: January 13, 2015

January 13
2015

Inflation Figures Send Pound Lower

Disappointing inflation figures are causing some trouble for the pound today. Sterling is lower against the dollar, and, while recovering against the euro and yen, is still trading somewhat choppily against other currencies. Inflation figures are in for the United Kingdom, and they are worse than expected. Analysts had expected CPI to come in at 0.7 per cent for the month of December, but it came in at 0.5 per cent. PPI […]

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