UK: CPI to remain unchanged at 3.0% y/y in January – TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TDS are looking for UK CPI to remain unchanged at 3.0% y/y in January, which is a tenth above consensus but in line with the BoE’s view from the February IR.

Key Quotes

“Underlying that, we look for core CPI to pick up a touch to 2.6% y/y, and for continued support from food and energy prices. Going forward, we look for CPI to hold in the high-2s, but it’s unlikely to pop back up above 3.0% again without another unexpected boost to energy prices.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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