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  • FIRST POST
    • polymaff
    • By polymaff 17th Mar 17, 4:46 PM
    • 1,680Posts
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    polymaff
    OBR's view on inflation
    • #1
    • 17th Mar 17, 4:46 PM
    OBR's view on inflation 17th Mar 17 at 4:46 PM
    Might be of interest. The OBR has changed its November 16 predictions of both RPI and CPI. Both rates up significantly, and somewhat sooner, in their March 17 prediction.

    The Presentation Slides at the end of:

    http://budgetresponsibility.org.uk/efo/economic-fiscal-outlook-march-2017/

    illustrate.

    CPI expected to reach 2.7% and RPI to reach 4.1% later this year
Page 1
    • Sceptic001
    • By Sceptic001 17th Mar 17, 5:02 PM
    • 1,100 Posts
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    Sceptic001
    • #2
    • 17th Mar 17, 5:02 PM
    • #2
    • 17th Mar 17, 5:02 PM
    RPI to reach 4.1% later this year
    Originally posted by polymaff
    Ouch! That's going to push up the cost of servicing index-linked gilts (and ILSCs )
    • polymaff
    • By polymaff 21st Mar 17, 2:29 PM
    • 1,680 Posts
    • 716 Thanks
    polymaff
    • #3
    • 21st Mar 17, 2:29 PM
    • #3
    • 21st Mar 17, 2:29 PM
    And here we are, today, with CPI and CPIH at 2.3% and RPI just over 3.2%.

    All depends on what they mean by "later", I suppose.
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