{"id":3190,"date":"2022-01-19T07:21:53","date_gmt":"2022-01-19T07:21:53","guid":{"rendered":"https:\/\/fayezalajmi-4x.com\/?p=3190"},"modified":"2022-01-19T07:21:53","modified_gmt":"2022-01-19T07:21:53","slug":"uk-inflation-beats-expectations-and-raises-interest-rate-hike-expectations","status":"publish","type":"post","link":"https:\/\/fayezalajmi-4x.com\/en\/uk-inflation-beats-expectations-and-raises-interest-rate-hike-expectations\/","title":{"rendered":"UK inflation beats expectations and raises interest rate hike expectations"},"content":{"rendered":"<p><\/p>\n<div class=\"ccvoYb\">\n<div class=\"AxqVh\">\n<div class=\"OPPzxe\">\n<div class=\"dePhmb\">\n<div class=\"eyKpYb\" data-language=\"en\" data-original-language=\"ar\" data-result-index=\"0\">\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\">\u00a0Data issued by the Statistics Office in the United Kingdom showed that the CPI, which measures inflation, rose to 5.4% in the 12 months ending last December, compared to 5.1% in November, exceeding expectations that indicated a growth of about 5.2% in the highest reading of the annual index in The national statistical data series, which started in January 1997, while the monthly index increased by 0.5% in December, compared to 0.3% compared to December of the year 2020. <\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\">The highest increases in December came from the transportation, food, non-alcoholic beverages, furniture and household goods sectors. <\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\">This data and figures, which are much higher than the Bank of England target, opens the door to another upcoming rate hike from the Bank of England at its next meeting in February for the second time in a row after it was raised in the December meeting, and therefore it is not excluded that we will see increases in the coming period for the pound sterling. <\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\">The British pound is trading at 1.36 levels against the US dollar, slightly higher after three sessions of declines, affected by the US dollar&#8217;s rise.<\/span><\/span><\/div>\n<div class=\"UdTY9 Yb6eTe\" style=\"text-align: left;\" aria-hidden=\"true\" data-location=\"2\">\n<div class=\"kO6q6e\"><\/div>\n<\/div>\n<div class=\"BdDRKe\" style=\"text-align: left;\">\n<div class=\"aJIq1d DSmisd nzsIKe\" data-language-code=\"en\" data-language-name=\"\u0627\u0644\u0625\u0646\u062c\u0644\u064a\u0632\u064a\u0629\" data-text=\"UK inflation beats expectations and raises interest rate hike expectations\nData issued by the Statistics Office in the United Kingdom showed that the CPI, which measures inflation, rose to 5.4% in the 12 months ending last December, compared to 5.1% in November, exceeding expectations that indicated a growth of about 5.2% in the highest reading of the annual index in The national statistical data series, which started in January 1997, while the monthly index increased by 0.5% in December, compared to 0.3% compared to December of the year 2020.\nThe highest increases in December came from the transportation, food, non-alcoholic beverages, furniture and household goods sectors.\nThis data and figures, which are much higher than the Bank of England target, opens the door to another upcoming rate hike from the Bank of England at its next meeting in February for the second time in a row after it was raised in the December meeting, and therefore it is not excluded that we will see increases in the coming period for the pound sterling.\nThe British pound is trading at 1.36 levels against the US dollar, slightly higher after three sessions of declines, affected by the US dollar's rise.\" data-crosslingual-hint=\"\" data-location=\"2\" data-enable-toggle-playback-speed=\"true\"><\/p>\n<div data-show-delay-ms=\"250\" data-append-to-body=\"true\" data-propagate-tooltip-mouseover-events=\"true\" data-anchor-corner=\"bottom-left\" data-enable-skip-handler=\"false\" data-popup-corner=\"top-left\">\n<div class=\"VfPpkd-Bz112c-Jh9lGc\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"kGmWO\" style=\"text-align: left;\"><\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>\u00a0Data issued by the Statistics Office in the United Kingdom showed that the CPI, which measures inflation, rose to 5.4% in the 12 months ending last December, compared to 5.1% in November, exceeding expectations that indicated a growth of about 5.2% in the highest reading of the annual index in The national statistical data series, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-3190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-markets"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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