Bank of England Inflation Report, February 2003

REPORT - The Bank of England published its quarterly Inflation Report for February 2003 on Wednesday. In the report the Bank reduced its growth forecast for the UK economy to 2.5 per cent this year from 3 per cent. On the euro-zone economy the report said that the ECB's recent 0.5 per cent rate cut would support demand there but confidence remains weak and prospects for this year are muted.

Index to the Inflation Report

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