Deutsche Bank Sees UK Inflation Rising Into Early Summer as Services Costs Rebound
Deutsche Bank Research expects UK headline consumer price inflation to increase to 3.01% year-on-year in May 2026, with services inflation rebounding to 3.65% year-on-year. The bank warns of mounting price pressures as energy bill resets approach, and it has adjusted its full-year CPI and RPI forecasts while flagging upside risks tied to geopolitic…