Christopher Nye
on April 17th, 2023 Following an unexpected rise in UK annual inflation to 10.4% in February, from 10.1 in January, many will be watching closely to see if results on Wednesday are in line with market expectations. The rate is forecast to edge down slightly to 10.2%.
Although markets are expecting the rate to fall, if results are in line with forecasts, inflation will still be over 5 times the BoE’s 2% target.
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