UK: Inflation likely to continue to decline in December – Danske Bank

Analysts at Danske Bank suggest that the UK inflation figures for December will probably show another decline in headline inflation from 2.3% in November on the back of lower energy prices.

Key Quotes

“With inflation slowly heading back towards the target, we do not expect the Bank of England to be in a hurry to deliver its next hike, especially amid the ongoing Brexit uncertainty. We recently changed our call for the next BoE hike from May to November this year.”