Pantheon Macroeconomics - The MPC predicted in last week's Inflation Report that CPI inflation eased to 0.3% in April, thereby fully reversing its increase in March to 0.5%. We think, however, the Committee is underestimating the strength of inflation pressures across the economy.

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16 May. Inflation Likely to Surprise the MPC to the Upside, Again

By Samuel Tombs

The MPC predicted in last week's Inflation Report that CPI inflation eased to 0.3% in April, thereby fully reversing its increase in March to 0.5%. We think, however, the Committee is underestimating the strength of inflation pressures across the economy.

Posted: 16th May 2016 in 'UK Documents'

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