Britain stayed in deflation in October, with the Consumer Prices Index falling by 0.1 per cent over the year. So far this year inflation has averaged just 0.02 per cent – the longest run of low inflation since the 1930s.
New stats show inflation unchanged at -0.1% while pay growth strong & employment at record high, means household budgets going further
Citi says inflation is likely to turn positive again next month as the effects of last’s years oil price nosedive falls out of the 12-month change – but with sluggish global growth, the cost of goods falling and inflation in the cost of services running at just 2.2 per cent, it looks like low inflation will be with us for a long time.
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At a miserable-looking rally for the centre-left Place Publique in mid-March, its co-president, MEP Raphaël Glucksmann, made international headlines calling for the Trump administration to return the Statue of Liberty, gifted by the French in 1886 to commemorate the Declaration of Independence: ‘It was our gift to you. But apparently you despise her. So she
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