UK imported inflation on the rise, Sterling index looks weak – Tip TV

Were you caught off guard by a stagnant headline UK consumer price inflation (CPI) figure releases yesterday? Most of us were, since slide in Pound was expected to push up inflation.

Watch the today’s opening segment of the London open show to know more about the possible trajectory of inflation over the next few months. Mike Ingram, Strategist at BGC Partners joins Tip TV’s Zak Mir to discuss topics ranging from UK inflation to Brexit to forex forecasts and Broker recommendations. An important point to note is that the Sterling index is seen weakening further, which means imported inflation could continue to rise in the near future.