Deutsche Bank flags building upside risks for UK inflation
Deutsche Bank's UK economist says July CPI data broadly matched expectations while inflation risks are tilted to the upside.
GBPUSD
Deutsche Bank's chief UK economist, Sanjay Raja, said UK inflation data for July were broadly in line with expectations, with headline CPI rising.
Key points from the update:
- Headline CPI rose.
- Core CPI was also referenced.
- Upside risks to inflation are building.
The available excerpt did not include a detailed core CPI breakdown or additional forecasts.
Source: FXStreet Forex News