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Weekly CPI Dips Slightly, But Wont Soothe CBR Concerns About Inflation

  • CONSUMER PRICES RISE 0.2% IN WEEK THROUGH JAN. 1 (vs 0.4% prior)
  • YEAR-TO-DATE CONSUMER PRICES RISE 0.6% AS OF JAN. 18 vs 0.4% prior
  • slight drop-off in weekly CPI, but not enough to soothe CBR concerns about the recent spike in inflation
  • CPI still expected to peak around 4.9% in Feb before moderating in 2H21
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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