Global Economics

Global Inflation Watch

15 December, 2017

Core inflation likely to rise only gradually

Many advanced economies are close to full employment, but this is likely to lead to only a small increase in price pressures. We expect the core inflation rate to edge up in the euro-zone, Japan and US next year. And if oil prices drop back, as we expect, the headline inflation rate may not pick up at all in the euro-zone or Japan, while in the UK it is likely to decline. The one exception is the US, where both core and headline inflation are set to be above the target by the end of next year as

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon

Get the App

The Capital Economics apps are a great way for clients to keep up to date with our latest research.

Capital Economics AppsFind out more
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.