- Inflation seen at 2.2% in 2025 vs 2.1% seen three months ago.
- 2026 inflation forecast at 2.0% vs 1.9%.
- Growth seen at 0.9% in 2025 vs 1.0% in previous forecast.
The impacts of tariffs and defence spending are the main factors behind revisions.
This article was written by Giuseppe Dellamotta at www.forexlive.com.