Some Relief As Inflation Stalls Despite Warnings ; Economics
Birmingham Post › April 17, 2008
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Summary
To the surprise of economists, inflation stopped getting worse last month.
Prices rose by 0.38 per cent between February and March, but that was in line with March last year, so the rise in the cost of living as measured by the Consumer Prices Index stayed unchanged at 2.5 per cent.See the full content of this document
Extract
Some Relief As Inflation Stalls Despite Warnings ; Economics
That is still a half percentage point above the Bank of England's two per cent target, but repeated warnings from the Bank to brace ourselves for a short-term surge failed to materialise.
The long...See the full content of this document
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