May 2024 Inflation Expectations Uk

May 2024 Inflation Expectations Uk. Uk inflation dropped less than forecast to 2.3 per cent in april, in a blow to hopes that the bank of england would be ready to cut interest rates as soon as next month. Inflation held steady at the bank of england’s 2% target in june, official national statistics data showed wednesday.


May 2024 Inflation Expectations Uk

Updated uk inflation figures are due on wednesday may 22 and the forecast is for an annual rise of 2.7% for the consumer price index (cpi), according to factset estimates. Cpi inflation has risen from 0.7% yoy in march to 2.5% in june, versus the forecast for june of 1.7% in the may mpr.

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