CPI forecast profiles under different UK/EU referendum scenarios 2016-2019

The data displays a four year UK consumer price index (CPI) forecast under three different scenarios. In the eventuality that the United Kingdom remains in the European Union (EU) after the forthcoming referendum (2017) there will be an increase of 0.1% CPI by 2018, however, in the contrasting scenario whereby UK exits the EU, within the same year there is expected to be an initial increase of 0.4% CPI. It is expected that by 2019 the CPI levels from both scenarios will decrease by 0.3%.