UK Inflation Hit BoE Target

by Ashraf Laidi

Jan 14, 2014 12:39

UK December CPI hit the Bank of England's 2.0% target for the 1st time since Nov 2009 when it hit 1.9%. The last time the 2.0% was hit was in April 2006. With inflation at 2.0% (down 61% from 2011 highs) and unemployment at 7.4% (down 24% from 2011 highs), the BoE is the only G7 central bank attaining its inflation target along a clear downward trajectory in unemployment. More analysis

Click To Enlarge

Act	Exp	Prev	GMT
CPI (m/m)
0.4%	0.5%	0.1%	Jan 14 9:30
CPI (y/y)
2.0%	2.1%	2.1%	Jan 14 9:30
Core CPI (y/y)
1.7%	1.8%	1.8%	Jan 14 9:30

Latest IMTs

• Gold & Silver 38 Pct Retracements
  by Ashraf Laidi | May 6, 2026 19:34
• Bitcoin Update
  by Ashraf Laidi | May 5, 2026 14:30
• JPY Soars & Oil Drops
  by Ashraf Laidi | Apr 30, 2026 12:49
• Gold, Silver & the Fed
  by Ashraf Laidi | Apr 29, 2026 14:45
• Have Stocks Peaked?
  by Ashraf Laidi | Apr 27, 2026 14:47