Water bills increased on average by 26% at the national level in early April, while energy bills for regulated households increased by 6.4% and the board’s tax invoices increased by 5% and 10%.
Anything that may stop any improvement in the inflation of services, which has been BOGBEAR BOE in the past two years. Despite relaxation in recent months, it was still 4.7% in March.
However, the bank’s dropout factor can be the book: from the American tariff dumping ground, it has challenged the expectations of a new decline, increasing by 4.5% compared to the dollar. This helps reduce the cost of key imports – especially oil.
Brut prices have fallen at four years, even in dollars, due to a combination of low global demand and a strong increase in the production of OPEC and its allies, scheduled for June.
Silver liners
Fortunately for the bank, economic data since the beginning of the year have generally surprised the increase after stagnating effectively in the last two quarters.
Figures from March in February and strong preliminaries indicate growth of more than double MPC forecasts of 0.1% in the first quarter, the Deutsche raja.
There are also good news on the labor market front. Salaries growth has dropped faster than the planned bank, but without any spectacular increase in layoffs.
“(W) Hile The job market becomes cooler, we do not see any of the classic warning signs that you would normally start to see in a recession,” wrote James Smith, economist at Dutch Bank ING.
Politices
