Private DCN Private DCN - Sterling

GBP: will inflation fall below 3% today?

By Callum Holmes February 13th, 2018

The main release today is the inflation rate for January which is expected to come in at 2.9% from 3% the month before. If so, this will be welcome news to those who are struggling as a result of the gap between the consumer price index and real wage growth.

We will also see the retail price index which, year-on-year, is expected to remain at 4.1%. That’s pretty much it for UK economic data today, but it will be interesting to see what inflation is and whether that affects sterling movements at all.


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