The United Kingdom will release the Consumer Price Index (CPI) report on Wednesday, March 20 at 07:00 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of four major banks regarding the upcoming UK inflation print.
The United Kingdom will release the Consumer Price Index report on Wednesday, March 20 at 07:00 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of four major banks regarding the upcoming UK inflation print. The annual headline inflation is forecast to have grown at a slower pace of 3.6% against 4.0% in January. In the same period, core inflation – which excludes volatile food and energy prices – is forecast to have decelerated to 4.
5% YoY, which would be the lowest year-on-year rate since January 2022. We expect services inflation at 6.0%, 0.1ppts below the MPC's forecast. Our unrounded forecasts for headline/core are 3.43%/4.46%, so we see risks skewed to the upside for headline inflation but to the downside for core. Overall, barring any major surprises to this month's data, headline inflation is still set to fall below target in April and remain below target for the rest of the year.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada CPI Preview: Forecasts from five major banks, inflation likely increased in FebruaryStatistics Canada will release February Consumer Price Index (CPI) data on Tuesday, March 19 at 12:30 and as we get closer to the release time, here are the forecasts by the economists and researchers of five major banks regarding the upcoming Canadian inflation data.
Read more »
RBA Preview: Forecasts from eight major banks, wait and seeThe Reserve Bank of Australia (RBA) will announce its next Interest Rate Decision on Tuesday, March 19 at 03:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of eight major banks regarding the upcoming central bank's decision.
Read more »
BoJ Preview: Forecasts from 12 major banks, on the verge of ending negative ratesThe Bank of Japan (BoJ) will hold its Monetary Policy Committee (MPC) on Tuesday, March 19 and as we get closer to the Interest Rate Decision, here are the expectations forecast by the economists and researchers of 12 major banks.
Read more »
US Retail Sales Preview: Forecasts from six major banks, consumer spending likely bouncedThe US Census Bureau will release the February Retail Sales report on Thursday, March 14 at 12:30 GMT and as we get closer to the release time, here are the forecasts of economists and researchers of six major banks regarding the upcoming data.
Read more »
Teladoc’s stock dives after it forecasts slower growth in virtual healthcare‘Most U.S. healthcare consumers have access to virtual urgent care today,’ according to CEO Jason Gorevic
Read more »
USD/ZAR Price Forecast: Rand Marginally Weaker after Local CPI InflationUSD/ZAR price forecast: rand marginally weaker after local CPI inflation
Read more »