2026-08-22
The British pound fell to a fresh low near 1.3520 against the US dollar on Tuesday, extending its recent decline after the release.
The British pound fell to a fresh low near 1.3520 against the US dollar on Tuesday, extending its recent decline after the release.
UK consumer price inflation rose 2.9% year-on-year in July, matching market forecasts and holding steady from the previous month, according to official data.
The United Kingdom’s Retail Price Index (RPI) rose by 3.2% year-on-year in July, matching market forecasts and holding steady from the previous month’s.
The United Kingdom’s Retail Price Index (RPI) increased by 0.6% month-on-month in July, up from 0.3% in June, according to the latest official.
The British pound showed limited movement against major currencies on Wednesday as UK headline inflation rose in line with market expectations, while investors.
United Kingdom retail sales excluding fuel rose 2.3% year-on-year in July, falling short of the 3.3% forecast and signaling continued pressure on consumer.
United Kingdom retail sales fell by 0.5% month-on-month in July, matching economists’ expectations, according to data released by the Office for National Statistics.
The euro held its recent gains against the British pound on Friday after official data showed UK retail sales fell more than expected.
Deutsche Bank has revised its UK economic growth outlook upward, citing the country’s resilient performance despite persistent inflationary pressures and tight monetary policy..
Nomura has highlighted that the United Kingdom’s economy is experiencing services-led growth, but persistent price risks remain a concern for the Bank of.