The UK. Consumer Price Index (CPI) data is set to be released today, and it’s an important indicator for understanding inflation trends and potential changes in the BOE monetary policy.
- Headline CPI: Expected to rise to 2.3% YoY, up from 1.7% in September. This increase would bring inflation back above the Bank of England's (BoE) target of 2.0%.
- Core CPI: Forecasted to ease slightly to 3.1% YoY, compared to 3.2% reported in September.
- Monthly Change: A monthly increase of 0.5% is anticipated, reflecting ongoing inflationary pressures.
The increase in headline inflation is mainly due to base effects and higher utility prices. This could mean that the Bank of England might pause its plans to cut interest rates in December. As a result, we might see more ups and downs in the value of the Pound Sterling as traders respond to this information.


Copper Prices Hit Record Highs as Metals Rally Gains Momentum on Geopolitical Tensions
Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns
Trump to Announce New Federal Reserve Chair Pick as Powell Replacement Looms
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts
U.S. Dollar Slides for Second Week as Tariff Threats and Iran Tensions Shake Markets
Asian Stocks Waver as Trump Signals Fed Pick, Shutdown Deal and Tech Earnings Stir Markets
China Home Prices Rise in January as Government Signals Stronger Support for Property Market
U.S.–Venezuela Relations Show Signs of Thaw as Top Envoy Visits Caracas
Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals
U.S. and El Salvador Sign Landmark Critical Minerals Agreement to Boost Investment and Trade
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook
Gold Prices Pull Back After Record Highs as January Rally Remains Strong
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures
South Korea Exports Surge in January on AI Chip Demand, Marking Fastest Growth in 4.5 Years 



