Wednesday 15 October 2014

Inflationary Update

Inflation is now at 1.2%  ( http://www.bbc.co.uk/news/10612209 )



Civil servants and Nurses have been striking due to below inflation pay rises, well that is hardly likely to stimulate spending on the high street.

Can anybody explain why deflation should not be a worry........ especially with interest rate rises on the horizon.

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