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Five inflation stories in one day!
20th February 2008
Last week we ran a podcast about the rise of cost-pish inflationary pressure in the UK economy. The BBC news site today carries five stories directly linked to the inflation story. Recall that the Bank of England was rather pessimistic last week when it released its latest quarterly Inflation Report, it expects a sharp jump in consumer price inflation over the coming months with CPI perhaps heading once more above the 3 per cent upper limits. Here are the stories
Cadbury Schweppes plans to raise prices
Oil prices head high on expectations of OPEC output cut
Brewer S&N warns of price rises
Chinese inflation hits an eleven year high
Wine prices set to rise (BBC news audio-visual)
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.