Inflation eased to 10.1% in January (December: 10.5%). January’s result represented the lowest inflation rate since August 2022 and was below market expectations. Price pressures will ease further this year on soft economic momentum, milder commodity price pressures and a tougher base effect. However, inflation will remain over double the Bank of England’s 2.0% target.
United Kingdom Exchange Rate (EUR per GBP, aop) Data
|Exchange Rate (EUR per GBP, aop)||1.14||1.13||1.14||1.13||1.16|