Consumer/Producer Prices & Public Finances (Apr.)

CPI Inflation rose back above the Bank of England’s 2% target in April for the first time since December. And while we suspect that inflation is likely to remain above 2% for the rest of the year, as strong wage growth prompts firms to raise prices, we don’t think that it will force the Bank of England to hike rates anytime soon.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.