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London – Inflation in the United Kingdom stagnated in June at an annual level, an unexpected result that caused a sharp drop in the pound.
Source: Tanjug
photo: Thinkstock
Traders questioned the possibility that the Bank of England will choose to raise interest rates next month
The British Office of National Statistics (ONS) this annual inflation in June remained at 2.4% and is expected to be 2.6%, reports AP.
Statistics have indicated that lower prices for clothing, video games and children's toys have affected the braking of inflation and offset the rise in electricity and fuels.
Although inflation remains above the 2.0% target set by the Bank of England, it now raises the question of whether the 9th Bank's Monetary Policy Committee Central will support another increase in the benchmark interest on August 2.
A large majority of market participants were predicting a key rate hike of a quarter of a percentage point to 0.75% after improving second-quarter economic data and positive comments from monetary authorities , including the statements of Governor Marko Karni.
After the publication of the inflation indicators of today, the pound fell 0.6% to $ 1.3037, or close to a minimum of 10 month
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