Pound hits six-month high against euro, but trade worries weigh on stocks – business live
Rolling coverage of the latest economics and financial news
- Latest: Pound rallies after YouGov poll
- House prices up 0.5% in November
- Fastest monthly inflation since July 2018
- Annual house price inflation at 0.8%
1.55pm GMT
Time for a quick recap.
1.50pm GMT
German inflation has picked up, but remains low in historical terms.
Consumer prices rose by 1.2% year-on-year this month, on a harmonised basis, new figures show. That’s up from 0.9% in October.
German CPI (November): 1.2% vs 1.2% expected, prior 0.9%
At least Inflation is reliable in Germany….unchanged at 1.1% YoY.