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6th May 2025 09:30UKDaily Monitor

  • We expect CPI inflation to jump to 3.6% in April, from 2.6%, matching the MPC’s February forecast.
  • Ofgem’s utility price hike, a massive water-bill increase, tax hikes and indexed prices drive the rise.
  • Inflation will likely stay above 3% until January, despite recent falls in oil and natural gas prices.

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Keywords for: 8 May 2025 UK Monitor

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