Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

24th Aug 2022 13:44U.K., Daily Monitor

We expect Ofgem to announce today that the default tariff cap will increase by 80% in October.

This will boost CPI inflation by 4pp, assuming the ONS treats the government's grant as a fiscal transfer.

Core goods inflation, however, is set to fall sharply this winter; manufacturers and retailers have excess stock.

core goods cpi cpi inflation electricity energy energy prices fuel gas prices headline inflation headline rate interest payments ireland January labour labour market manufacturers manufacturing May motor fuel mpc natural gas natural gas prices northern ireland October Ofgem ONS output price inflation policy rpi surveys

This publication is only available to UK Economic Research (Monitor) subscribers

Related Publications

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: 26 Aug 2022 UK Monitor It's Not all Bad News on the Inflation Front

core goods, cpi, cpi inflation, electricity, energy, energy prices, fuel, gas prices, headline inflation, headline rate, interest payments, ireland, January, labour, labour market, manufacturers, manufacturing, May, motor fuel, mpc, natural gas, natural gas prices, northern ireland, October, Ofgem, ONS, output price inflation, policy, rpi, surveys, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence