Heteronomics - Preview: soft UK CPI inflation again in Apr-18

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Heteronomics

Philip Rush

Preview: soft UK CPI inflation again in Apr-18

- Easter effects and various administered prices buffet inflation data for April. I expect inflation to slow to 2.3% on the CPI while RPI strengthens slightly to 3.4%.
- Driving my below-Consensus CPI forecast are weak airfares. A resurgence in council tax offsets that for the RPI, where I am in line with the Consensus.

21/05/2018 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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Preview: soft UK CPI inflation again in Apr-18

Riksbank: hopeful for vaccine dividend

BoE: preparing policy like a Scout

Italy: Dragging in Draghi

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