World Economic outlook - UK CPI rate outlook june 2012 : The consumer price index, to be released Tuesday July 17 at 8:30 GMT, has been lowering its year to year rate every month from the September figure released October 28th at 5.2% to the May number of 2.8% YoY published June 19. Despite that, market expectation for June is the CPI to remain at the current 2.8% but RBS thinks different.
"Price pressures are expected to have been muted across the board in June," comments the RBS European Economics team. "in no small part due to the sharp fall in commodity prices."
"In the UK we expect the recent descent in headline CPI to continue," RBS continues. "With downside pressure from food and energy pushing the year on year CPI rate down to 2.7%."
"Overall," concluded RBS, "we forecast CPI inflation to fall to 2.7% in June (further food & energy downside pressures), with the core CPI rate steady at 2.2%. RPI/X inflation is forecast to remain unchanged at 3.1%."
Related Post:
UK economic
- UK economic condition forecast 2013
- CBI latest UK GDP growth forecast 2012-2013
- UK house prices august 2012
- U.K. manufacturing sector july 2012
- imf forecast for UK economic growth 2012-2013
- Britain economic outlook first quarter 2012
- Why UK economy will double-dip recession 2012
- ITEM forecast UK Economic growth 2012
- UK manufacturing january - february 2012
- OECD forecast Britain is back in recession
- UK Economic and fiscal outlook 2012-2013
- UK construction industry growth february 2012
- UK interest, inflation rate predictions 2012
- UK. cpi inflation rate january 2012
- UK youth unemployment rate forecast 2012
- MPC UK economic, inflation rate forecast 2012
- uk. economic official data showed january 25 2012
- U.K. unemployment rose to the highest rate in 16 years
- CIPD predictions UK Unemployment will rise 2012
- UK. jobless rate forecast 2012-2013
- UK. House prices set for 2012 fall as euro risk weighs
- U.K. house prices november 2011
- UK. unemployment rate in November 2011
- UK will fall back into recession 2012
No comments:
Post a Comment