http://www.forexfactory.com/calendar...=2011-5-17&c=2
On 17th of May - the Uk released CPI data. CPI and RPI at 9:30 but what i dont get it:
CPI came higher than expected but is shown as green (good) on this calendar. Why is that? I thought higher prices is bad for the economy.
Same with RPI, it came lower than expected but is marked as red.
If the data released shows its lower than expected but higher than 0% isnt this good?
On 17th of May - the Uk released CPI data. CPI and RPI at 9:30 but what i dont get it:
CPI came higher than expected but is shown as green (good) on this calendar. Why is that? I thought higher prices is bad for the economy.
Same with RPI, it came lower than expected but is marked as red.
If the data released shows its lower than expected but higher than 0% isnt this good?