The UK's Consumer Price Index (CPI) inflation rate held steady at 2.9% in July, matching market expectations and remaining unchanged from June.
This figure keeps the Bank of England's target of 2% firmly in focus as policymakers weigh the timing of further interest rate adjustments.
The core inflation rate, which excludes volatile food and energy prices, remained elevated at 3.5%, indicating that underlying price pressures persist.
More on Forex
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
