Pantheon Macroeconomics - May's consumer price figures, released today, will provide the first clean inflation read for three months, following the distortions created by this year's late Easter. Consensus forecasts and the MPC have underestimated CPI inflation regularly since the middle of last year, when the impact of sterling's depreciation began to push into the data.

U.K. Documents | 13 June 2017 May's Inflation Figures Likely Will Bring Another Upside Surprise
May's consumer price figures, released today, will provide the first clean inflation read for three months, following the distortions created by this year's late Easter. Consensus forecasts and the MPC have underestimated CPI inflation regularly since the middle of last year, when the impact of sterling's depreciation began to push into the data.

Sorry, but our website is best viewed on a device with a screen width greater than 320px. You can contact us at: info@pantheonmacro.com.

13 June 2017 May's Inflation Figures Likely Will Bring Another Upside Surprise

By Samuel Tombs

May's consumer price figures, released today, will provide the first clean inflation read for three months, following the distortions created by this year's late Easter. Consensus forecasts and the MPC have underestimated CPI inflation regularly since the middle of last year, when the impact of sterling's depreciation began to push into the data.

Posted: 12th Jun 2017 in 'U.K. Documents'

This document is only available to subscribers of our UK Economic Research.

Request a complimentary trial or login here

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release. To activate a complimentary trial on any of these areas, please click here.

U.S. Economic ResearchEurozone Economic ResearchLatin America Economic ResearchUK Economic ResearchAsia Economic Research

« Go back to publications list, or Click here to register for a complimentary trial
Consistently Right

Access Key Enabled Navigation

Keywords for: U.K. Documents | 13 June 2017 May's Inflation Figures Likely Will Bring Another Upside Surprise

cpi, cpi inflation, airline, airline fares, mpc, energy, energy suppliers, inflation, easter, sterling, gas, food, ons, mortgage, rpi, rpi inflation, economic sentiment, core goods, core goods inflation, pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent advice, independent analysis, independent macroeconomic researcj, independent, analysis, research, economic intelligence, economy, economic, economics, economists, Dr. Ian Shepherdson, Ian Shepherdson, financial market, financial, market, finance, macro, macro research, independent macro research