Pondsterling Outlook Aftre CPI Data

The rate of CPI United Kingdom reported by the ONS rose 0.1 percent in November compared to minus 0.1 percent than the previous month. Analysts predict CPI United Kingdom will fit in zeros. Transportation costs and the prices of alcohol and tobacco is the main contributor to the rise in inflation United Kingdom last month. Even so, the decline of the price of clothing recorded greater than the increase set by the main contributor.

On the basis of still redupnya it is this inflation, Central Bank of the United Kingdom (BOE) last Sunday decided not to change interest rates are in the range of a tribe of 0.5 percent. And since then, traders tracked stop assuming the BOE will soon follow The Fed to raise interest rates. Monetary policy makers United Kingdom diperakan will wait until 2017.


Shafik BOE Statement
Deputy Governor of the BOE to Markets and Banking, Minouche Shafik, says that the pressure in the wage sector has not been strong enough to offset rising interest rates. Despite saying that interest rate hikes are still in consideration, Shafik is not shut down would likely rise faster than estimated.

Pound sterling little changed against the u.s. dollar, following the biggest decline in two weeks on Monday yesterday. The GBP/USD traded at 1.5148 after SAG 0.5 percent yesterday, while EUR/GPB depreciating to 0.7275.