Live Updates > Live Update Details
2025-09-17 17:18:58
[UK Inflation Remains High: Food Prices Fuel Market Anxiety] ⑴ Wednesday's data showed that the UK inflation rate remained steady at 3.8% in August, higher than the US (2.9%) and the Eurozone (2.1%). ⑵ Food and non-alcoholic beverage prices rose 5.1% year-on-year, the highest since January last year, pushing up public inflation expectations. ⑶ Services inflation fell from 5.0% in July to 4.7%, still a key focus for the Bank of England and indicating cost pressures. ⑷ Core inflation (excluding energy, food, and tobacco) fell from 3.8% to 3.6%, easing some inflationary pressures. ⑸ The Bank of England is expected to maintain interest rates at 4% on Thursday due to elevated inflation risks, with inflation potentially rising to 4% in September. ⑹ Technical analysis shows that GBP/USD is under pressure at the 1.30 level; a break below could further test the 1.2950 support level. ⑺ Psychologically, market expectations of a delay in the Bank of England's rate cut are growing, and investors should be wary of food price fluctuations. ⑻ Trump's tariff remarks have exacerbated global uncertainty. The British pound may be weighed down by risk aversion. We recommend focusing on risk management.
