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CPI in Great Britain

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CPI in Great Britain

Consumer price index has risen 2.5% in annual terms. This was surprising because 2.7% was expected. Although the intention is to reach 2%, this rapid drop in the CPI could slow down the expected increases in the price of money scheduled for this year.

There is weakness in some sectors that demand a certain degree of confidence on the part of the consumer, such as the car sales that closed the first quarter with a deceleration of 5.2%. Other sectors such as employment, seem to give confidence because of the low unemployment rate so that we will have to see how the Brexit is resolved and the complex current scenario is clarified.

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