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10th Feb 2023 16:22U.K., Daily Monitor

  • The MPC is looking at annualised month-to-month changes in CPI components to gauge momentum...
  • ...Care must be taken to use unrounded data and to seasonally adjust it, if you're trying to do the same.
  • Both the core CPI and private-sector wages lost mo- mentum in Q4; the MPC needs to see more progress.

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Keywords for: 14 Feb 2023 UK Monitor

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