UK May CPI Monthly Rate

2025/06/18 06:00:00

Office for National Statistics announced the UK May CPI Monthly Rate on 2025-06-18. The reported figure stands at 0.2%, against a forecast of 0.2%, with the prior figure recorded as 1.20%.

Regarding the UK May CPI Monthly Rate, Actual value > Forecast value = Bullish for the Pound, The Consumer Price Index (CPI) is a measure of the price changes of a fixed basket of goods and services that a typical household in the UK might purchase. The CPI is a key indicator of inflation, which reflects the decline in the purchasing power of the pound, meaning that the goods and services that one pound can buy decrease; for instance, if the UK Consumer Price Index rises, it may indicate that the Bank of England could raise interest rates to control inflation, thus benefiting the pound with an increase in value. Conversely, if the UK Consumer Price Index data falls, it would be bearish for the pound.

This data holds an importance level of , calculated using Statistics on the price changes of fixed goods and services that ordinary households in the UK may purchase each month, and updates monthly. The next release is set for 2025-07-16 14:00:00.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.

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