Freeze in inflation won’t thaw underlying economic problems in Greater Birmingham
Business leaders in Greater Birmingham say a freeze in inflation should not deflect from underlying problems that exist in the economy.
The Consumer Price Index measure of inflation remained at 2.6% for the second consecutive month, despite forecasts that it would go up.
The same could not be said for the Retail Price Index, which rose to 3.6% - it highest level for five years.
The Office for National Statistics said the largest downward pressure on the CPI last month came from a fall in fuel prices.
This was offset by sma... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
