5 March 2024 UK Monitor CPI inflation likely fell to 3.5% in February, matching MPC's forecast
4th Mar 2024 10:45UK, Daily Monitor
- CPI inflation likely fell to 3.5% in February, from 4.0% in January, matching the MPC’s forecast.
- Base effects should cut services inflation, while weaker costs continue to reduce goods inflation.
- Another ONS update to the CPI weights should have only a small impact outside of airfares.
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