Pantheon Macroeconomics

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19th Mar 2017 14:17U.K.

February's consumer price report, released tomorrow, likely will show that CPI inflation has breached the MPC's 2% target for the first time since November 2013. Indeed, we think the headline rate jumped to 2.2%, from 1.8% in January, exceeding the 2.1% rate expected by the MPC and the consensus.

headline rate mpc cpih inflation housing costs ons fuel prices food cpi food shop prices output prices core inflation airline fares big six consumer prices

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Keywords for: 20 March 2017 February's Above-Target Inflation Rate won't be the Last

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