FXstreet.com (Barcelona) - Retail Prices Index have dropped in the UK in March for the first time since 1960, while Consumer Prices Index rose broadly in line with expectations, according to National Statistics.
UK RPI remained unchanged in March from February, while it dropped at a 0.4% pace since march last year, RPI did not post a year on year decline since march 1960.
Consumer Prices Index have increased 02% on the month and 2.9% year on year, broadly in line with the market consensus.
GBP/USD seems to remain unaffected by the data and. After having bounced at 1.4475 on early European session time, the pound trades above 1.4550 on its way to intra-day high at 1.4575.
For more information, read our latest forex news.