In the News
UK CPI Inflation Surges to 2.3%
21st March 2017
The jump in the annual rate of CPI inflation from 1.8% last month to 2.3% this month is a strong indication of the lagged effects of the post-Brexit depreciation of sterling. Some economists including Ed Conway at Sky are suggesting that real-time measures of inflation have prices in the UK already rising year-on-year at a rate of 3% or more. Here is some of the reaction to the steep increase in inflation.
The full CPI data can be found here on the ONS web site
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.
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