We still think that the flatlining of the economy over the past two years will dampen price pressures by enough to result in CPI inflation falling below the 2% target in April and below 1.0% later this year. But global and domestic developments this week further illustrate the possibility that inflation won’t fade quite as fast.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services