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Macro - Weekly Briefings - United Kingdom

Publisher Oxford Economics
Published May 20, 2022
Length 5 Pages
SKU # OFE17190334

Description

Macro - Weekly Briefings - United Kingdom

CPI inflation reached a 40-year high of 9% in April. Though this should be the peak, the descent is likely to be slow given the strength of pressures coming along the supply chain, the renewed rise in petrol prices, and the recent weakness of sterling. Regular pay growth remains well short of inflation and, along with rises in personal taxation, means a steep fall in real incomes.

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5 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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