Pound Slides Against Euro as Headline Inflation Falls but Services Sticky

Pound Slides Against Euro as Headline Inflation Falls but Services Sticky

March 26, 2025 – Written by David Woodsmith

gbp-to-euro-rate-forecast-2

The Pound Sterling (currency:GBP) slumped against the Euro and US Dollar on Wednesday as the UK released its latest consumer price index (CPI) and Spring Statement.

At the time of writing, the Pound to Euro exchange rate (GBP/EUR) was trading at around €1.1961, down roughly 0.3% from Wednesday’s opening levels.

The Pound to Dollar exchange rate (GBP/USD) traded at 1.28987…
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