{"id":35625,"date":"2023-06-21T09:20:25","date_gmt":"2023-06-21T09:20:25","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/06\/21\/ftse-100-little-changed-after-inflation-data-3\/"},"modified":"2023-06-21T09:20:25","modified_gmt":"2023-06-21T09:20:25","slug":"ftse-100-little-changed-after-inflation-data-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/06\/21\/ftse-100-little-changed-after-inflation-data-3\/","title":{"rendered":"FTSE 100 Little Changed After Inflation Data"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks were little changed on Wednesday after data showed U.K. consumer prices logged a steady growth rather than a slowdown in May.<\/p>\n<p>Core inflation accelerated further, adding pressure on the Bank of England to raise the benchmark rate by half a percentage point.<\/p>\n<p>Consumer price inflation came in unchanged at 8.7 percent in May while analysts had forecast the rate to ease to 8.4 percent.<\/p>\n<p>Core inflation that excludes energy, food, alcohol and tobacco climbed to 7.1 percent, which was the highest since March 1992. <\/p>\n<p>The benchmark FTSE 100 was marginally lower at 7,562 after falling around 0.3 percent the previous day. <\/p>\n<p>GSK was marginally higher after it unveiled positive trial results for its Arexvy vaccine against respiratory syncytial virus in older adults. <\/p>\n<p>Motor retailer Halfords jumped 5 percent after lifting dividend and unveiling growth plans for bikes and car parts sectors. <\/p>\n<p>Tekmar Group, the provider of services for the offshore-energy <span class=\"landLinks\">markets<\/span>, soared 11 percent after narrowing loss for the first half of fiscal 2023.<\/p>\n<p>Housebuilder Berkeley Group Holdings fell 2.4 percent after reservations dropped 15 percent compared to a year ago period. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Little Changed After Inflation Data<\/a><br \/>\n<br \/>2023-06-21 09:20:25<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks were little changed on Wednesday after data showed U.K. consumer prices logged a steady growth rather than a slowdown in May. Core inflation accelerated further, adding pressure on&#8230;<\/p>\n","protected":false},"author":2,"featured_media":35626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-35625","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/35625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=35625"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/35625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/35626"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=35625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=35625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=35625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}