UK 2017 Spring Budget now finally underway 8 March
– 2017 GDP +2.0% vs +1.4% prev f/cast
– 2018 slowing to 1.6% then up to 2.0% in 2021
– 2017 CPI 2.4%,
– 2018 CPI 2.3%
Upbeat GDP forecasts as expected and CPI expected to peak and retreat as per BOE f/casts.