UK Inflation slows unexpectedly but producer prices rise

UK Inflation slows unexpectedly but producer prices rise

Share on facebook
Share on twitter
Share on linkedin

Data released this morning from the Office for National Statistics shows that UK Inflation slowed unexpectedly in September to 3.1% from 3.2% in August, however UK Producer Price Inflation increased to 6.7% as companies lift their prices as their costs rise.

In The US, third-quarter earnings continue strong with 82% of the S&P 500 companies that have so far reported beating expectations.

 

Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’

Download Our Free Brochure