Group 1 - The latest PMI data indicates that the Bank of England faces dual pressures from a weak labor market and rising prices [1][2] - The UK composite PMI fell from 52.0 in June to 51.0 in July, showing only slight growth in business activity [1] - Employment numbers decreased at the fastest rate in five months, with the employment index dropping to 45.1, the lowest since February [1] Group 2 - Concerns over weak demand are affecting hiring decisions, with input price inflation in business activities rising as suppliers attempt to offset tax increases and rising wage costs [2] - The Bank of England is in a dilemma regarding whether to prioritize inflation or employment, leading to potential divisions in the upcoming August meeting [2] - Market expectations lean towards a rate cut announcement in the August 7 meeting, despite June's inflation rate rising to 3.6%, above the 2% target [2] Group 3 - Economic forecasts suggest that the UK economy will maintain slow and steady growth this year and next, with expectations of two more rate cuts in August and November [3] - The anticipated economic growth rate for the UK this year is 1.1%, consistent with previous forecasts, and expected to rise slightly to 1.2% by 2026 [3] - Inflation is projected to remain above the 2% target until the end of 2026, with average inflation rates of 3.2% in 2025 and 2.4% in 2026 [3]
【环球财经】英国PMI数据释放复杂信号 英国央行面临双重压力
Xin Hua Cai Jing·2025-07-24 14:04