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9th Apr 2024 19:37UKDaily Monitor

  • CPI inflation likely fell to 3.0% in March, from 3.4% in February, 0.1pp weaker than the MPC forecast.
  • The early-Easter boost probably led to servicesinflation of 5.9%, 0.1pp above the MPC’s forecast.
  • Services inflation should drop sharply to 5.2% in April as those Easter effects unwind.

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Keywords for: 11 April 2024 UK Monitor

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