Housing Data Reflects Easing Inflation

DCLG housing report reflected a still robust housing market. However, the 10.9 percent read was down from last month?s 11.3 percent, indicating that the Bank of England rate hike may be easing inflation. Tomorrow, the consumer price index will better illuminate the path which policy makers will follow.

[B]Previous 24 hours:[/B]
[B]DCLG UK House Prices[/B] (YoY) (MAY)
Actual: 10.9%
Previous: 11.3%
[B]Next 24 Hours:
Consumer Price Index[/B] (MoM) (JUN)
Expected: 0.1%
Previous: 0.3%
[B]Consumer Price Index[/B] (YoY) (JUN)
Expected: 2.3%
Previous: 2.5%
[B]Core Consumer Price Index[/B] (YOY) (JUN)
Expected: 1.9%
Previous: 1.9%
[B]Retail Price Index[/B] (JUN)
Expected: 207
Previous: 206.2
[B]Retail Price Index[/B] (MoM) (JUN)
Expected: 0.3%
Previous: 0.4%
[B]Retail Price Index[/B] (YoY) (JUN)
Expected: 4.2%
Previous: 4.3%
[B]Retail Price Index Excluding Mortgage Interest Payments[/B] (YoY) (JUN)
Expected: 3.2%
Previous: 3.3%

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