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Resources

Bank of England Inflation Report May 2018

Download our brief summary of the Bank of England's latest inflation report to quickly understand what the Bank are saying about domestic and international economic issues.

Bank of England Inflation Report May 2018 (40 downloads)

Limited slack in the U.K. economy

Wage growth and domestic cost pressures are firming gradually, while the Monetary Policy Committee judges the UK economy to have a very limited degree of slack.

Strengthening global GDP growth

Global GDP growth has strengthened since 2016, while spare capacity has diminished. Rising commodity prices are expected to push up world export price inflation in the near term.

Corporate lending rates rising

Bank lending rates for companies have risen since August 2017, while Spreads on sterling corporate bonds have
widened a little in recent months.

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