Inflation going in the right direction
Daily Briefing: Falling inflation is mainly because of lower petrol and energy costs. Yet food prices are still soaring.
Menu
Daily Briefing: Falling inflation is mainly because of lower petrol and energy costs. Yet food prices are still soaring.
The good news is that UK inflation is expected to fall sharply next year. The bad news is it might stay uncomfortably high for some time.
Even if the odds look slim of price rises on a similar scale, reminding ourselves of the risks might just help us avoid them.
As global demand bounces back, a prolonged period of rising prices could be on the cards.
Subscribe to Reaction and receive unlimited access to the site, our daily email with analysis every evening and invites to online events.
© Copyright 2023 Reaction Digital Media Limited – All Rights Reserved. Registered Company in England & Wales – Company Number: 10166531.
