After a brief expedition into negative territory, we are now back into +ve inflation…. just, but at 0.1%, the first increase since October 2014. I’m not a statistician but you would have thought there has to be some statistical margin of error? Still it’s a long way off the BofE 2.0% target, so this should reel in the interest rate increase expectations again.
Tag: inflation
Inflation Announcement
Inflation falling (still) as the April numbers show negative inflation (-0.1%), for the first time in more than half a century. Negative inflation is the reflection of underlying weakness in the economic recovery! Some inflation is necessary in an economy, deflation raises the prospects of negative interest rates and funds chasing returns and potentially sidelining risk as the most important consideration from investment decision making process.
The UK Economy – The Impact of Lower Oil Prices
Lower oil prices are positive for the UK economy, with most sectors benefiting, consumers seeing an actual difference in the prices they pay, expect an effect on the UK inflation rate. This reduction is viewed as temporary and oil prices are expected to gradually rise over the months ahead.
Solutions Edge 