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Preview - UK CPI Seen Unchanged At 1.8%.....>

MNI (London)
UK DATA: Preview - UK CPI Seen Unchanged At 1.8% In Feb, Upside Risk
- MNI Median Feb UK CPI y/y at 1.8%, Bbg consensus at 1.8%, BOE forecast 1.8%
(vs Jan 1.8%).
- Risks are to the upside as recent PPI data has pointed to higher food prices
across the UK.
- The upside risk is underlined by the fact that the headline number in Jan to 3
decimal points was 1.848%, just 0.002% shy of being rounded up to 1.9%.
- No impact seen on headline rate from energy prices, little changed over the
- Core inflation may edge lower to 1.8% from 1.9% as sterling weakness boost to
prices further drops out.
MNI London Bureau | +44 203-865-3812 |
MNI London Bureau | +44 203-865-3812 |

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