Free Trial

Preview - UK CPI Inflation Seen to Rise.....>

UK DATA
UK DATA: Preview - UK CPI Inflation Seen to Rise in March
-------------------------------------------------------
- UK CPI Mar Y/Y, Bbg consensus at 2.0%, MNI Median at 2.0% vs Feb 1.9%.
- UK CPI Mar M/M, Bbg consensus at 0.2%, MNI Median at 0.2% vs Feb 0.5%.
- UK Core CPI Mar Y/Y, Bbg consensus at 1.9%, MNI Median at 1.9% vs Feb 1.8%.
- UK RPI Mar Y/Y, Bbg consensus at 2.6%, MNI Median at 2.6% vs Feb 2.5%.
- UK RPI Mar M/M, Bbg consensus at 0.2%, MNI Median at 0.2% vs Feb 0.7%.
- CPI inflation in Q1 seen to remain below the BOE's inflation target of 2.0%,
in line with expectations.
- Shop price inflation rose to a six-year high in Mar in the BRC-Nielson survey.
- Rise in avg weekly earnings at 3.5% 3M Y/Y in Feb outpacing rise in CPI,
building inflationary pressures.
- In the Mar UK PMI report, service providers point to rising transport costs
and energy prices...
- ... but overall input inflation unchanged from Feb's nine-month low.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.