U.K.’s August Halifax House Price Index -1.9% m/m (expected -0.3%; last -0.4%);
U.K.’s Halifax House Price Index fell 4.6% yr/yr in August, representing the sharpest rate fall since late 2009.
Bank of England Governor Bailey said that many indicators are pointing toward a marked slowdown in inflation.
The BoE Decision Maker Panel survey showed a decrease in three-month inflation expectations to 4.9% from 5.2% while the year-ahead outlook was lowered to 4.9% from 5.4%. French Finance Minister Le Maire said that inflation is decelerating, but at a slow pace.