Abstract
UK inflation is low. It is well below the government’s 2% target and is expected to stay that way for at least the next 18 months. On Tuesday, the Office for National Statistics reported it had dipped to just 0.5% – the joint lowest since records began. It marks a rapid change in the UK economy and it may offer chancellor George Osborne and the Conservative party a useful electoral tool.
Original language | English |
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Specialist publication | The Conversation |
Publication status | Published - 13 Jan 2015 |