20.08.2017
Sterling dropped for a second day and was lower against all but one of its major peers after consumer prices rose 2.6 percent in July from a year earlier, compared with the median economist forecast for a reading of 2.7 percent. United Kingdom core inflation remained at 2.6 percent in July, unchanged from the previous month, although the earlier forecasts suggested the prices index would inch up to 2.7 percent due to robust consumer spending that month.