16 Dec 2014
UK Inflation forecast for December 2014 – RBS
FXStreet (Barcelona) - Ross Walker of RBS forecasts the UK inflation readings for December 2014, anticipating CPI to fall to 0.6% from November’s 1.0%.
Key Quotes
“CPI inflation fell to a 12-year low of 1.0% in Nov from 1.3% in Oct, significantly below City forecasts (consensus & RBS: 1.2%).”
“CPI inflation is forecast to fall to 0.6% in December, with the core CPI inflation rate edging up slightly to 1.3%.”
“RPI inflation is forecast to fall to 1.6% in Dec from 2.0% in Nov.”
“Medium-term inflation forecasts lowered significantly: CPI <1% for almost all of 2015 and below target throughout 2016.”
Key Quotes
“CPI inflation fell to a 12-year low of 1.0% in Nov from 1.3% in Oct, significantly below City forecasts (consensus & RBS: 1.2%).”
“CPI inflation is forecast to fall to 0.6% in December, with the core CPI inflation rate edging up slightly to 1.3%.”
“RPI inflation is forecast to fall to 1.6% in Dec from 2.0% in Nov.”
“Medium-term inflation forecasts lowered significantly: CPI <1% for almost all of 2015 and below target throughout 2016.”