Powered by

-Schroders-UK inflation jumps more than expected

The impact from the fall in the pound has started to feed through to import price inflation, but we expect the Bank of England (BoE) to hold fire on raising interest rates.

Senior European Economist and Strategist

UK consumer price inflation has jumped to its highest rate since September 2013, as the fall in the pound since the Brexit referendum has started to push prices of imported goods up.

The headline rate of annual consumer price inflation (CPI) rose from 1.8% in January

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox