The consumer price index in Britain, which measures inflation, grew by 10.1% in the 12 months ending in January, compared to 10.5% in December, while expectations indicated a slowdown by 10.3%, while inflation fell on a monthly basis by 0.6% in January, compared to a decrease of 0.1%. in December
. The main index, excluding food and energy prices, rose to 5.8% from 6.3%, while expectations were for it to rise to 6.2%.
In the details of the index, the annual transportation inflation rate reached 3.4%, down for the seventh month in a row, while fuel prices increased by 7.7% on an annual basis, down from 11.5% in December. Prices in the restaurants and hotels sector increased by 10.8%, down from 11.4% in December.
After announcing the figures, the British pound fell by more than 40 points against the US dollar, and is trading at 1.2100 levels.
01/11/2024
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