UK Economics

UK Economics

UK Data Response

16 January, 2018

Consumer Prices & Producer Prices (Dec.)

The fall-back in CPI inflation from 3.1% in November to 3% in December probably marks the beginning of what we expect will be a sustained downward trend over the course of 2018. Despite this, we still think that the Monetary Policy Committee (MPC) will raise rates several more times this year.

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