U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal

Bloomberg2021-06-16

U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened....

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精彩评论

Jg12345
2021-06-17
Jg12345
Not good
Felixpow
2021-06-16
Felixpow
Ok
HengHeng70
2021-06-16
HengHeng70
Oh no.
814f811
2021-06-16
814f811
one more red day
BabyBully
2021-06-16
BabyBully
red days?
traderjin
2021-06-16
traderjin
no wonder
- BabyBully:
  hannor
- 814f811:
  ya

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Economists had expected an increase of 1.8%. Core inflation jumped to 2%, most since August 2018.The pickup reflected higher prices for fuel, restaurant meals, clothing and recreational goods as the economy took a further step out of lockdown. The central bank expects inflation to breach its 2% target temporarially this year. However, economists are increasingly concerned higher prices could prove more persistent given the rapid pace of recovery from the coronavirus recession.\n“Inflation has risen sharply in recent months and will rise further as the impact of higher commodities prices feed through the supply chain,” said Jack Leslie, senior economist at the Resolution Foundation. “But U.K. inflationary pressures are different -- and nowhere as near as large -- as those causing fierce debate in the U.S.”\nThe pound was little changed against the dollar and the euro after the report.\nSeparate figures showed that pipeline price pressures continued to build in May. 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