Interest rates: Sharp rise less likely after inflation surprise

“It is a large drop but let’s forget that last month we saw no change at all in headline inflation so in some ways what we are seeing this morning is catching up with the falls we’ve seen in other similar countries,” Grant Fitzner, chief economist at the Office for National Statistics (ONS), which publishes the figures, told the BBC’s Radio 4’s Today Programme.


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button