Why inflation could break Britain
Inflation has reached 5.4 per cent, the highest level since 1992; high prices and falling wages will intensify the UK's…
ByNew Times,
New Thinking.
Inflation describes how much prices of goods and services are increasing (if they’re decreasing, this is known as deflation). In the UK the main measure of inflation is the Consumer Prices Index. The Office for National Statistics tracks the cost of living through the prices of items in a hypothetical “basket of goods” that includes everyday products and services. Here you can find all of our latest news, analysis and comment about inflation.
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