{"id":23244,"date":"2011-08-16T09:12:23","date_gmt":"2011-08-16T13:12:23","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=15334"},"modified":"2011-08-16T09:12:23","modified_gmt":"2011-08-16T13:12:23","slug":"british-inflation-sign-of-progress","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/08\/16\/british-inflation-sign-of-progress\/","title":{"rendered":"British Inflation Sign of Progress"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/8.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>This morning\u2019s publication of British inflationary data has helped generate minor elements of market optimism towards the island nation\u2019s economy. Though the growth figures were only modestly above targets, the accelerating growth is a sign of future hikes in demand for the nation\u2019s currency, the pound (GBP).<\/p>\n<p><span id=\"more-15334\"><\/span>The consumer and retail price indices (CPI and RPI, respectively) were released Tuesday at 9:30 GMT by the Office of National Statistics in the UK. Though the RPI figure showed an expected 5% growth in retail price inflation, the CPI figure highlighted better-than-forecast growth of 4.4%. Both figures are presented in annualized format and seem to represent solid year-on-year growth for the <a href=\"http:\/\/www.forexyard.com\/blog\/en\/2011\/08\/10\/british-manufacturing-in-poor-state\/\">British economy<\/a>.<\/p>\n<p>Read more forex trading news on our <a href=\"http:\/\/www.forexyard.com\/blog\/en\/\">forex blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> This morning\u2019s publication of British inflationary data has helped generate minor elements of market optimism towards the island nation\u2019s economy. Though the growth figures were only modestly above targets, the accelerating growth is a sign of fut&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-23244","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=23244"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/23244\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=23244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=23244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=23244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}