0843 GMT - U.K. inflation data for July showed a slowdown in underlying inflation, while headline inflation increased due to higher energy prices, Berenberg's Andrew Wishart says in a note. Annual headline inflation rose to 2.9% in July, from 2.6% in June, in line with the consensus forecast by economists in a WSJ poll. Nonetheless, annual services inflation decelerated to 3.4%, from 3.6% in June, he says. This slowdown in underlying inflation is likely to allow the Bank of England to keep interest rates unchanged at 3.75% in the coming months, Wishart says.
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