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1st Apr 2025 08:56UKDaily Monitor

  • We expect CPI inflation to decline to 2.7% in March, matching the MPC’s forecast.
  • Petrol price falls will drag inflation down, while core price gains will remain firm.
  • March is the calm before the storm of April price hikes, which should drive up headline inflation to 3.6%.

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Keywords for: 3 April 2025 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence