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3rd Mar 2025 19:12UKDaily Monitor

  • We expect CPI inflation to stay at 3.0% in February, 0.2pp higher than the MPC’s forecast.
  • Food inflation should remain firm, while BRC non-food shop prices are rising faster than in 2024.
  • We now expect CPI inflation to peak at 3.8% in September; 4.0%-plus is possible.

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Keywords for: 5 March 2025 UK Monitor

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