Pound euro exchange rate rises as Eurozone industrial malaise trumps lower UK inflation



This morning, saw the pound buoyed against the euro on fresh reports of a rumoured extension to Article 50, before a slew of disappointing UK inflation data dampened sentiment, and the pairing is currently trading at around €1.138. January’s Consumer Price Index showed UK inflation came in at 1.8 percent, hitting a two-year low and dipping below the Bank of England’s target range.
Pound euro exchange rate rises as Eurozone industrial malaise trumps lower UK inflation Pound euro exchange rate rises as Eurozone industrial malaise trumps lower UK inflation Reviewed by Melbal Business News And Directory on 13 February Rating: 5

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