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U.K's producer price inflation to 1.8%

ArgusFX

United Kingdom

U.K's producer price inflation climbed to 1.8%. The economists predicted the PPI to appreciate 1.3%.

U.K's RPI to 1.6%

The nation's retail price inflation rose from 1.4% to 1.6% and did not match the analysts' predictions for a rise to 1.5%.

Euro zone

The euro zone's ZEW economic sentiment declined from 20.2 to -14.7 and did not meet the economists' estimations for a drop to 12.3.

Germany

Germany's economic sentiment reached its weakest level since 2012 following the Brexit outcome where the British citizens decided that their nation should exit from the EU.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/u.k-s-producer-price-inflation-to-1.8
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