British consumer price inflation unexpectedly held at a one-year low last month, though rising oil prices suggest an increase could be on its way.
Sterling gained slightly against the dollar and euro, helped by a report that Britain will propose a new solution for the Irish border dispute holding up Brexit talks.
Sterling briefly climbed to its highest so far this week after data showed British inflation unexpectedly stayed close to its highest levels in six years in January.
The number of people in work in UK surged unexpectedly in the three months to Nov and regular wages rose at their fastest rate in almost a year, official data showed.
Hong Kong’s economy posted slower growth in Q3, but strong consumption and rebounding exports led the government to nudge up its growth outlook for 2017.
Retail inflation jumped to 5-month high of 3.81% in March on costlier protein items, edible oils and non-food products like fuel and light.
Indian inflation likely cooled in January to the lowest in at least five years, after food prices fell and demand weakened following demonetisation: Reuters poll.
Preliminary data from several states showed that consumer price inflation accelerated in most German regions.