UK Economics：July Inflation Preview ~ Undershoots now， further questions into August

Viewpoint | Citi Research 12 Aug 2024 03:13:20 ET | 26 pages UK Economics July Inflation Preview – Undershoots now, further questions into August CITI'S TAKE We expect the slew of data this week to show UK disinflation to be broadly on track. Friday's growth data will we think indicate an ongoing, supply-led recovery. We expect the labour market to have continued to soften, although uncertainties around the LFS will still merit caution. On the inflation side, we expect a downside surprise, with services inf ...