<ul><li>Prior was +0.4% (revised to -0.1%)</li><li>Producer prices y/y -0.5% vs -2.7% expected</li><li>Raw materials price index +3.0% vs +3.5% m/m prior</li>
<p>BoE MPC member Silvana Tenreyro said in a speech that the work on feasibility of negative rates is “still in progress”. Once the bank is satisfied that negative rates are feasible
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