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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.