Investing.com - U.K. stocks were higher Tuesday as the pound softened after consumer inflation unexpectedly eased in June.
The FTSE 100 was up 0.14% at 05:30 ET.
The pound was off 0.23% at $1.3026. The yield on the 10-year gilt slips.
The headline CPI eased to 2.6% in June compared with a forecast of unchanged at 2.9%.
The core CPI eased to 2.4% from 2.6%.
A slowdown in inflation eases the pressure on the Bank of England for a rate hike.
BoE governor Mark Carney is due to speak later in the session.