{"id":115307,"date":"2023-11-07T11:29:27","date_gmt":"2023-11-07T11:29:27","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=115307"},"modified":"2023-11-07T11:31:39","modified_gmt":"2023-11-07T11:31:39","slug":"107799-gbp-eur-pair-inches-lower-towards-e1-15","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107799-gbp-eur-pair-inches-lower-towards-e1-15\/","title":{"rendered":"GBP\/EUR: Pair inches lower towards \u20ac1.15"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is edging lower after two days of gains.<\/p>\n<p>The pound falls after UK grocery inflation eases to 9.7%, dropping into single digits for the first time in 16 months.<\/p>\n<p>The data comes after the BoE left interest rates on hold last week and indicated that rates would remain elevated for longer.<\/p>\n<p>The euro is rising despite <a href=\"https:\/\/currencylive.com\/news\/107798-gbp-eur-euro-struggles-after-weak-german-industrial-output\/\">German industrial production<\/a> falling -1.1%, significantly more that the -0.1% fall forecast.<\/p>\n<p>Eurozone PPI, which measures inflation at the factory gate cooled by less than expected to -12.4% down from -11.5% annually in August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is edging lower after two days of gains. The pound falls after UK grocery inflation eases to 9.7%, dropping into single digits for the first time in 16 months. The data comes after the BoE left interest rates on hold last week and indicated that rates would remain elevated [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5460,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-115307","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pair inches lower towards \u20ac1.15 - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/107799-gbp-eur-pair-inches-lower-towards-e1-15\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107799-gbp-eur-pair-inches-lower-towards-e1-15\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107799-gbp-eur-pair-inches-lower-towards-e1-15\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair inches lower towards \u20ac1.15\",\"datePublished\":\"2023-11-07T11:29:27+00:00\",\"dateModified\":\"2023-11-07T11:31:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107799-gbp-eur-pair-inches-lower-towards-e1-15\\\/\"},\"wordCount\":101,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107799-gbp-eur-pair-inches-lower-towards-e1-15\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100954-gbp-eur-euro-slips-eurozone-data.jpg\",\"keywords\":[\"eur\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107799-gbp-eur-pair-inches-lower-towards-e1-15\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107799-gbp-eur-pair-inches-lower-towards-e1-15\\\/\",\"name\":\"GBP\\\/EUR: Pair inches lower towards \u20ac1.15 - 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