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2nd Apr 2024 17:38UK, Daily Monitor

  • CPI inflation likely fell to 3.0% in March, from 3.4% in February, 0.1pp weaker than the MPC expects.
  • Declines in food and core goods inflation account for most of the slowdown in March.
  • Services inflation likely matched the MPC’s forecast of 5.8% in March.

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Keywords for: 4 April 2024 UK Monitor

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