Sentences with phrase «expects upward pressure on inflation»

Based on the CPI, inflation is currently 1.3 per cent (Graph 12), although the Bank of England expects upward pressure on inflation to build gradually over the medium term.

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Non-energy exporters were getting a bigger boost from the exchange rate than the Bank of Canada expected in October, putting upward pressure on inflation, he said.
If true, expect more fuel to be added to the commodities fire, further increasing drag on global economic activity while adding to the already worrisome upward pressure on inflation.
Policy makers now say it will take until the middle of 2018 before Canada's economy is generating output at a level that would put upward pressure on inflation, «materially later» than was previously expected.
At the current stage of the expansion there are a number of factors that might be expected to put upward pressure on inflation.
Labor shortages are expected to cause wages to rise and put upward pressure on inflation.
Also, if domestic economic activity and demand were to be even stronger than expected, given the existing strength of the labour market, upward pressure on labour costs could emerge, eventually pushing inflation higher.
Given the likely strength of the economy, domestically sourced price pressures are expected to remain relatively strong, with inflation projected to be on an upward trajectory through 2005.
According to global property advisor CBRE, the recent rise in inflation and higher interest rates is expected to put upward pressure on U.S. capitalization rates in 2018.
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