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Stubborn UK inflation should temper deflation concerns

The fall in UK inflation to zero shouldn't mask the fact that its 7-year average since the start of the crisis has been 2.6%Stubborn inflation in the face of a Great Recession should temper deflation concerns and there a…

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EconoTimes — Reading the Times. Understanding the Future.

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The fall in UK inflation to zero shouldn't mask the fact that its 7-year average since the start of the crisis has been 2.6%

Stubborn inflation in the face of a Great Recession should temper deflation concerns and there are grounds for wage optimism

BofA Merrill Lynch says - "We see 1y1y inflation - the rate for February 2017 - as too low and recommend a 1y1y vs 2y3y inflation flattener at 45bp"

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