UK inflation increases as Chancellor navigates their shrinking fiscal headroom

Podcast: Walker Crips' Market Commentary · Walker Crips Investment Management Limited

Opublikowano: 2026-04-28

Last week, the published economic data presented a misleading picture of domestic growth. The composite Purchasing Managers' Index ("PMI") unexpectedly jumped to a two-month high, driven by corporate panic as firms are stockpiling inventory due to supply chain fears, triggering the largest monthly surge in the Input Prices Index in nearly three decades. These costs are now trickling down to consumers, with consumer confidence plunging to a record low, as headline inflation accelerated to 3.3%, aided by a spike in motor fuels and food prices. The only silver lining for the Bank of England ("BoE") is a cooling labour market...