Pantheon Macroeconomics

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

20th Jul 2022 15:05U.K., Daily Monitor

The headline rate of CPI inflation topped the MPC forecast in June, due to higher motor fuel and food prices.

But the core rate fell, undershooting its forecast, as retailers struggled to pass on higher producer prices.

Core CPI inflation will fall sharply early next year, when recent falls in commodity prices will feed through.

commodity prices core cpi core cpi inflation core rate cpi cpi data cpi inflation energy food cpi inflation fuel gas prices headline rate import price June May metals monetary policy motor fuel mpc natural gas natural gas prices Ofgem oil oil prices package holiday policy private sector wage growth retail sales russia savings services inflation sterling surveys transport wage growth

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


United Kingdom

China +

Emerging Asia

Latin America


Consistently Right
Access Key Enabled Navigation
Keywords for: 21 July 2022 UK Monitor

commodity prices, core cpi, core cpi inflation, core rate, cpi, cpi data, cpi inflation, energy, food cpi inflation, fuel, gas prices, headline rate, import price, June, May, metals, monetary policy, motor fuel, mpc, natural gas, natural gas prices, Ofgem, oil, oil prices, package holiday, policy, private sector wage growth, retail sales, russia, savings, services inflation, sterling, surveys, transport, wage growth, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence