U.K. Pound Declines Against Dollar, Euro As Inflation Slows

The U.K. pound stayed lower against the dollar and the euro as a report showed inflation unexpectedly slowed last month.

Sterling was 0.2 percent lower at $1.5635 at 9:37 a.m. London, and depreciated by 0.3 percent against the 17-nation euro to 80.48 pence.

To contact the reporter on this story: Lukanyo Mnyanda in Edinburgh at lmnyanda@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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