UK November PPI Core Output (MoM) n.s.a falls 0.1%; (YoY) up 0.7%

According to data released today by National Statistics, UK annual inflation rose 2.1% in November, following 2.2% growth registered the previous month. Analysts expected +2.2%. On a monthly basis CPI edged up 0.1% in November, after rising 0.1% in October, slightly below forecasts of +0.2%.