{"id":113132,"date":"2025-03-26T11:28:00","date_gmt":"2025-03-26T07:28:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=113132"},"modified":"2025-03-26T11:32:33","modified_gmt":"2025-03-26T07:32:33","slug":"u-k-inflation-slows-offering-some-relief-ahead-of-spring-statement","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-k-inflation-slows-offering-some-relief-ahead-of-spring-statement\/03\/26\/market-updates\/","title":{"rendered":"U.K. Inflation Slows, Offering Some Relief Ahead of Spring Statement"},"content":{"rendered":"\n

<\/h3>\n\n\n\n

U.K. inflation rose less than expected in February<\/strong>, easing some pressure on Chancellor Rachel Reeves<\/strong> as she prepares to deliver her Spring Statement<\/strong> to Parliament.<\/p>\n\n\n\n

Key Inflation Figures:<\/strong><\/h3>\n\n\n\n
    \n
  • Annual CPI:<\/strong> +2.8%<\/strong> (vs. 3.0% expected<\/strong>, down from 3.0% in January<\/strong>)<\/li>\n\n\n\n
  • Monthly CPI:<\/strong> +0.4%<\/strong> (vs. 0.5% expected<\/strong>, following -0.1% in January<\/strong>)<\/li>\n\n\n\n
  • Core CPI:<\/strong> +3.5% YoY<\/strong> (down from 3.7% in January<\/strong>)<\/li>\n<\/ul>\n\n\n\n

    While inflation is moderating<\/strong>, it remains above the Bank of England\u2019s 2.0% target<\/strong>, keeping interest rate policy under scrutiny<\/strong>.<\/p>\n\n\n\n

    Economic & Policy Implications:<\/strong><\/h3>\n\n\n\n
      \n
    • Reeves\u2019 Spring Statement<\/strong> is expected to expand welfare and government department cuts<\/strong>, following last week’s welfare spending reduction announcement<\/strong>.<\/li>\n\n\n\n
    • \u00a32.2 billion in additional defence spending<\/strong> is expected, reflecting Europe\u2019s focus on regional security<\/strong>.<\/li>\n\n\n\n
    • The Bank of England<\/strong> recently halved its growth forecast<\/strong> but maintained its 4.5% key interest rate<\/strong>, citing heightened uncertainty from global trade tensions and U.S.-EU tariff disputes<\/strong>.<\/li>\n<\/ul>\n\n\n\n

      Outlook:<\/strong><\/h3>\n\n\n\n
        \n
      • Slower inflation<\/strong> offers a small reprieve<\/strong> but is unlikely to alter the Bank of England\u2019s cautious stance<\/strong>.<\/li>\n\n\n\n
      • Markets will watch closely for fiscal policy updates<\/strong> in Reeves\u2019 statement and any further revisions to economic growth forecasts<\/strong> by the Office for Budget Responsibility<\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

        U.K. inflation rose less than expected in February, easing some pressure on Chancellor Rachel Reeves as she prepares to deliver her Spring Statement to Parliament. Key Inflation Figures: Annual CPI: +2.8% (vs. 3.0% expected, down from 3.0% in January) Monthly CPI: +0.4% (vs. 0.5% expected, following -0.1% in January) Core CPI: +3.5% YoY (down from …<\/p>\n","protected":false},"author":9,"featured_media":101471,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,37,36],"tags":[6967,6978,7034,6987,7664],"class_list":["post-113132","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-forex-markets","category-market-updates","tag-boe","tag-cpi","tag-gbp-usd","tag-inflation","tag-interest-rate-hike"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=113132"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113132\/revisions"}],"predecessor-version":[{"id":113133,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113132\/revisions\/113133"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/101471"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=113132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=113132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=113132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}