BoE DMP (June):

Year-ahead CPI 3.3% (prev. 3.7%) for single-month data; three-month rolling remained at 3.7% Three-year-ahead CPI inflation expectations 2.9% (prev. 2.8%) Expected year-ahead wage growth rose to 3.5% (prev. 3.4%) "In June, higher prices and lower profit margins remained the most common forms of adjustment, although the expected impact on prices continued to ease"