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9th Jun 2025 10:36UKDaily Monitor

  • We expect CPI inflation in May to slow to 3.4%—close to rounding to 3.3%—from 3.5% in April.
  • A correction to Vehicle Excise Duty and airfare falls will be partly offset by strong food and clothes prices.
  • May’s CPI inflation will likely match the MPC’s forecast, and services inflation will slightly exceed it. 

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Keywords for: 10 June 2025 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence