The Office for National Statistics is scheduled to publish U.K. consumer price figures at 4.30 am ET. Annual inflation is seen easing to 2.2 percent in September from 2.5 percent in August.
In the meantime, U.K. producer prices are due. Output price inflation is expected to remain unchanged at 2.2 percent annually in September, while input prices are forecast to drop 0.6 percent.
The pound showed mixed trading against its major rivals ahead of the data. While the sterling edged higher against the dollar and the yen, it drifted lower versus the Swiss franc and euro.
As of 4:25 am ET, the British currency was trading at 1.4980 against the Swiss franc, 1.61 against the dollar, 126.95 against the yen and 0.8077 against the euro.
by RTT Staff Writer
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