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Bank of England's Mann sees upward inflation risks - REUTERS

NOVEMBER 13, 2024

LONDON, Nov 13 (Reuters) - High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth could be heading upwards, Bank of England interest rate-setter Catherine Mann said on Wednesday.
"There are some possibilities about downward pressure on inflation coming from export prices coming out of China, for example. But against that ... one piece of news that is downward bias, the rest of it is upward bias, and likely to be more volatile going forward over the medium term," Mann said.

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