Deutsche Bank expects UK headline CPI at 3.04% in August
Deutsche Bank expects UK headline CPI of 3.04% in August versus the Bank of England forecast of 2.83%. The bank also expects the BOE’s 2% target to remain elusive due to higher petrol prices.
Deutsche Bank expects UK inflation to run above the Bank of England’s August forecast. 83%. The bank said the BOE’s 2% target is likely to stay out of reach, mainly because petrol prices have been stronger than expected. It also said extreme weather could add around…