Next headline annual CPI is largely locked in. We can expect
8.2% pa if next quarterly growth is 2.5% [ie 10.4% annualised]
8.0% pa if next Q is 2.25% [ie 9.3%]
7.7% pa if next Q is 2% [ie 8.2%]
7.4% pa if next Q is 1.75% [ie 7.2%]
7.2% pa if next Q is 1.5% [ie 6.1%]
6.9% pa if next Q is 1.25% [ie 5.1%]
6.7% pa if next Q is 1.0% [ie 4.1%]
6.4% pa if next Q is 0.75% [ie 3.0%]
6.1% pa if next Q is 0.5% [ie 2.0%]
5.9% pa if next Q is 0.25% [ie 1.0%]