Inflation to stay well above 2% Bank of England target ahead of Spring Statement
6 Articles
6 Articles
Inflation to stay well above 2% Bank of England target ahead of Spring Statement
UK inflation is set to stay well above the Bank of England’s 2 per cent target, even though some economists predict a slight dip when figures are unveiled on Wednesday.In the year to January, the consumer prices index (CPI) measure of inflation stood at 3 per cent, according to figures released by the Office for National Statistics.And experts predict it will stay around this figure when February’s data is released, just hours before the Chancel…
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