UK August inflation report now out 13 Sept 2016
– -0.1% prev
– yy +0.6% vs +0.7% exp vs +0.6% prev
– core CPI yy +1.3% vs +1.4% exp vs +1.3% prev
– RPI mm +0.4% vs +0.4% exp vs +0.1% prev
Near misses on the CPI numbers leaves GBP unfazed. Seems the weaker post-Brexit pound not having the desired effect on inflation just yet but that’s to be expected with a 6 month-ish time lag.