UK: Economy has not yet experienced peak inflation – Wells Fargo
16.08.2022, 16:29

UK: Economy has not yet experienced peak inflation – Wells Fargo

On Wednesday, inflation data is due in the United Kingdom. Analysts at Well Fargo, expect the CPI to show an increase of 0.4% in July in line with market consensus. According to them, the British economy has not yet experienced peak inflation and they believe CPI is likely to trend closer to 10%. 

Key Quotes: 

“U.K. inflation is currently the highest on record, with the June CPI hitting 9.4% year-over-year. While core inflation dipped slightly in June, the core CPI is running close to 6% year-over-year, a signal of broad price pressures across the entire economy. Around the world, we have gotten preliminary evidence that inflation may be peaking; however, those dynamics may not apply to U.K. CPI. Contrary to the U.S., we believe U.K. inflation rose in July and the British economy has not yet experienced peak inflation.”

“European energy prices continue to move higher as a result of limited exports from Russia and supply shortages across the continent. As inflation rockets higher, we believe the U.K. economy will be one of the first major economies to tip into recession by the end of this year. Q2 GDP data reveal the recession may be imminent as the economy contracted in the second quarter. Bank of England policymakers also forecast a recession lasting through 2023 due to energy shortages and more aggressive tightening.”

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik