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UK: Back to Deflation - We Think this is the Bottom for Now

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 13, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    UK was back in deflation in September as CPI inflation declined to -0.1% y/y from 0.0% y/y in August (Danske Bank: 0.0% y/y, consensus: 0.0%). Core inflation was unchanged at 1.0% y/y in September (Danske Bank: 1.1% y/y, consensus: 1.1% y/y). We have for some time argued that the Bank of[​IMG]

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