• A burning issue

    The Knysna fires have shown that SA needs to be fire-aware and wary, says Mandi Smallhorne.

  • True economic freedom

    Harping on inequality and repressive rich people deflects attention from the real issues, say analysts.

  • Terry Bell's Inside Labour

    A winter of discontent looms as public sector unions gear up for pay and benefit talks.

All data is delayed
Loading...
See More

UK inflation seen above 2% for first time since '13

Mar 20 2017 11:02
Bloomberg: Lucy Meakin

London - Mark Carney is set to see inflation above the Bank of England’s (BoE) 2% target for the first time since the year he became governor, data to be published on Tuesday will show.

Consumer prices rose 2.1% in February, according to a Bloomberg survey of 32 economists, fueled by the pound’s slump and higher energy prices.

While the BOE has said it can, within limits, tolerate inflation above its goal, policy maker Kristin Forbes last week voted for an interest-rate increase and some others indicated they may not be far behind her.

above level

Read Fin24's top stories trending on Twitter:

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

boe  |  uk  |  inflation  |  economy

NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

WhatsApp group admins in SA could face jail time their jobs

Previous results · Suggest a vote

Loading...