bearish

UK: New Weights Stoke CPI Seasonality

257 Views15 Feb 2023 19:14
UK inflation delivered mixed surprises in Jan-23. Upscaled seasonality hacked the CPI to the BoE's low forecast, which is not dovish. The underlying inflation impulse is over double the 2% target.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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