U.K. inflation accelerated in July and there were signs of further price pressures with the weak pound leading to the biggest jump in import costs since 2011. Consumer-price growth picked up to 0.6% from 0.5% in June, and a 0.6% rise compared to the same period last year. This week will also give some further signs of how the U.K.’s economy is faring post-Brexit: Unemployment data for July is due tomorrow, followed by retail sales on Thursday and public finance data on Friday. Sterling +0.7% to $1.2970.
