The bloc’s latest consumer price index showed inflation rising from 1.7% to 1.9%, instead of holding at 1.7%, while core inflation also unexpectedly rose from 2.2% to 2.4%.
The Pound (GBP) rose on Monday, with GBP/EUR hitting a five-month high, as the UK’s final manufacturing PMI for January was revised higher, with the index hitting its highest level since August ...
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