15 Sept 2022 UK Monitor Will the Better News on CPI Inflation Keep Coming?

Samuel Tombs (UK Economist)14th Sep 2022 14:42U.K., Daily Monitor

The month-to-month change in the August core CPI exceeded its seasonal norm by the least this year.
The recent decline in commodity prices suggests core CPI inflation will fall sharply next year.
Services inflation will be stickier, but the current support from energy price rises and VAT changes will fade.

average weekly wages brent crude commodity prices core cpi core cpi inflation core goods cpi cpi inflation electricity energy energy prices food cpi inflation fuel gas prices government headline CPI headline rate manufacturers monetary policy mortgage motor fuel mpc natural gas natural gas prices Ofgem oil oil prices policy rents rpi russia September sterling us vat wages weekly wages

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