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Home > News and Publications > Inflation Report, August 2016
 

Inflation Report, August 2016

04 August 2016
 

Inflation Report


Monetary policy summary

 

Press conference

 

Read the Governor's opening remarks
Read the Press Conference transcript

  Watch the webcast

 

Sections

Chart slides

Chart data

A monetary policy package to support the UK economy
Financial markets and global economic developments
Demand and output
Supply and the labour market
Costs and prices
Prospects for inflation

 

Conditioning assumptions, MPC key judgements, and indicative projections

Other forecasters' expectations

 

Fan charts

August 2016 projections for CPI and GDP based on market interest rate expectations

Fan charts

Current fan chart data

 

August 2016 projections for CPI and GDP based on market interest rate expectations

CPI GDP
Current CPI fan chart, click to enlarge Current GDP fan chart, click to enlarge

May 2016 projections for CPI and GDP based on market interest rate expectations

CPI GDP
 May 2016 CPI fan chart, click to enlarge May 2016 GDP fan chart, click to enlarge

Key Resources

​​As inflation moved away from the target by more than 1 percentage point as of the July 2016 data, the Governor was required to send an open letter to the Chancellor:

Letter from the Governor to the Chancellor
August 2016

Letter from the Chancellor to the Governor
August 2016

 

Exchange of letters regarding the expansion of the Asset Purchase Facility

Letter from the Governor to the Chancellor
Letter from the Chancellor to the Governor

 

Market Notices

4 August 2016 

Asset Purchase Facility: Corporate Bond Purchase Scheme

Asset Purchase Facility: Gilt Purchases

Asset Purchase Facility: Term Funding Scheme

 

PRA Statement

4 August 2016 

PRA statement on the leverage ratio

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