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UK CPI rose 2.8% year over year in February versus a 2.9% forecast, after 3.0% in January. Monthly CPI rose 0.4%, below the 0.5% estimate, and GBP/USD slipped about 0.15% to below 1.2950.
A downside inflation surprise slightly pressures sterling and reinforces expectations for BoE easing, with limited direct effect on feed commodity prices.
fxstreet.comFXStreet TeamMar 26, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
