Housebuilder share prices dip amid renewed interest rate fear

By Joey Gardiner2023-04-19T10:30:00

Markets expect Bank of England to take action after inflation remained in double figures in March

The value of listed housebuilders dipped this morning as speculation grew that the Bank of England will have to raise interest rates further than previously expected as the latest inflation figures showed stubbornly persistent growth in prices.

Official figures released this morning showed the headline rate of CPI inflation unexpectedly remained in double figures in March, dipping only slightly from the 10.4% recorded in February to 10.1%, above the forecast 9.7%.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community