PARIS, September 20 (Reuters) – Inflation in the United Kingdom slowed against all expectations in August, to 6.7% year-on-year, data published on Wednesday by the Office for National Statistics (ONS) showed.
Economists polled by Reuters on average forecast an acceleration to 7.0%, after a rise of 6.8% in July.
Excluding energy and food, the increase in consumer prices stood at 6.2%, which also marks a slowdown after the increase of 6.9% a month earlier. The Reuters consensus was 6.8%.
On a monthly basis, however, overall inflation started to rise again (+0.3%), while so-called core inflation recorded a deceleration to 0.1%, against forecasts of +0.7 respectively. % and +0.6%.
On the foreign exchange market, after the publication of this statistic, the pound sterling fell to 1.2334 dollars, a low since May 30 against the greenback.
The Bank of England (BoE) holds its monetary policy meeting on Thursday. (Written by Claude Chendjou, with Amanda Cooper, edited by Bertrand Boucey)
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