UK inflation declining - BNP

FXStreet (Guatemala) - Analysts at BNP Paribas noted the rate and decline in UK inflation.

Key Quotes:

"In the UK, inflation is close to zero. This decline is entirely related to oil prices fall and the appreciation of the pound."

"The effect is transient and should fade in the second half of 2015."

"The reduction of production capacity and a near full employment in the labor market support basic price dynamics."