Heteronomics - FLASH: UK inflation stays soft ahead of summer rise

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Heteronomics

Philip Rush

FLASH: UK inflation stays soft ahead of summer rise

- UK inflation in May-18 disappointed consensus expectations again as it held at 2.4% on the CPI and slowed to 3.3% on the RPI, both in line with my forecast.
- Transport was stronger than I expected, and its persistence lifts my forecast slightly. Energy prices are anyway set to raise inflation temporarily in the summer.

13/06/2018 2 EN

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Heteronomics

Heteronomics provides UK-centric macro research. A hallmark attention to detail delivers a depth of analysis beyond what the sell side now delivers. Clients can also experience events that privately provide insights on these topics. Have a bespoke request for research or an event? Let us know. Clients can expect assistance with their own requirements to the extent it doesn't impinge upon other clients. Think of it as retaining an expert economist, without the large overhead.

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Analysts

Philip Rush

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FLASH: UK inflation stays soft ahead of summer rise

Riksbank: hopeful for vaccine dividend

BoE: preparing policy like a Scout

Italy: Dragging in Draghi

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