Bank of England Reports Published in July 2023
Latest results from the Decision Maker Panel survey – 2023 Q2 – Read the report
The Decision Maker Panel (DMP) is a survey of Chief Financial Officers from small, medium and large UK businesses.
UK International Reserves – July 2023 – Read the report
The Bank of England manages the UK’s official reserves on behalf of the Government.
PRA Regulatory Digest – July 2023 – Read the report
The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.
Food price inflation slows to lowest level this year – BRC
From: The BBC
New figures suggest food price inflation has slowed to its lowest level this year as prices of oils, fish, and breakfast cereals fall.
According to the British Retail Consortium (BRC) and NielsenIQ retail analysts, food inflation slowed to 13.4% in July. It was 14.6% in June.
GBP Price Forecast: Pound Readies for BoE
From: Daily FX
- BoE expected to hike by 25bps this week.
- Key EZ and US economic data scheduled with eurozone flash GDO and core inflation in focus today.
- Current momentum favors neither bulls nor bears.
GBP/USD: Weekly Forecast 30th July – 5th August
From: Daily Forex
The GBP/USD provided traders with rather quick results all of last week, as its price range was certainly tested, but by the end of the week returned to a known value.
The GBP/USD will start the coming week near the 1.28470 ratio after a week of rather choppy results being displayed.
UK house prices drop by most since 2009: Nationwide
LONDON, Aug 1 (Reuters) – British house prices fell by the most since 2009 in the 12 months to July, mortgage lender Nationwide said on Tuesday, as the drag from rising interest rates on the housing market intensified.
UK shop price inflation eases in July, British Retail Consortium says
LONDON, Aug 1 (Reuters) – Prices in British store chains rose in July at the slowest annual rate this year, industry data showed on Tuesday.
The British Retail Consortium said annual shop price inflation cooled to 7.4% in July, down from 8.4% in June.
FX Rates in July
July High: 1.1725
July Low: 1.1518
July End: 1.1660
July High: 1.3106
July Low: 1.2665
July End: 1.2781
July High: 1.1243
July Low: 1.0861
July End: 1.1017