The Office for National Statistics will shortly be publishing new figures on inflation rates for different types of household. They will also be updating the method for collecting individual prices from supermarkets. However, anyone hoping for evidence that inflation is much higher for low-income households is likely to be disappointed. In particular, the anti-poverty campaigner … Continue reading Is inflation really a lot higher for poorer people?
Tag: energy prices
Put April’s tax rises on hold and let growth fix the public finances
First, the bad news. UK consumer price inflation has already hit 5.1pc in the 12 months to November. And it is likely to rise further in the coming months as businesses pass on more of the price pressure that is already in the pipeline. In particular, the energy regulator Ofgem is reviewing its cap on … Continue reading Put April’s tax rises on hold and let growth fix the public finances
Plain-speaking Economics 