UK inflation and wages data will be key to the MPC - TDS

Research Team at TDS, suggests that in their base case outlook, the UK inflation and wages data will be key to the MPC in 2016H2 as they assess appropriate policy.

Key Quotes 

“Retail sales will provide confirmation of 16Q2 momentum but this would simply be a timing effect and mean less bounce-back in Q3. Also this week, there's an important London by-election, the last full week of the referendum campaign, and of course England, Wales, and Northern Ireland all battling it out at Euro 2016.”