Live coverage of business, economics and financial markets as the UK consumer price index sticks at 4%, below economists’ 4.2% forecast
UK inflation remains unchanged at 4%
The FTSE 100 has opened up 0.5%, possibly helped by a weaker pound after the inflation data.
London’s blue-chip index has also been helped by strong figures from Coca-Cola Hellenic Bottling Company, a distributor of the soft drink which is up 5% in the opening trades.
EUROPE’S STOXX 600 FLAT
FRANCE’S CAC 40 DOWN 0.2%, SPAIN’S IBEX UP 0.2%
EURO STOXX INDEX DOWN 0.1%
EURO ZONE BLUE CHIPS DOWN 0.2%
GERMANY’S DA FLAT
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