With some of the data used to create the Consumer Prices Index – like air fares – absent for this month, economists are having to find an alternative, says James Moore
Inflation” class=”body-link” data-vars-item-name=”BL-9478206-/topic/Inflation” data-vars-event-id=”c6″>Inflation is falling, and economists are talking about it slipping still further through the course of the year, perhaps to zero.
The Office for National Statistics said the 12-month figure for March was 1.5 per cent, down from 1.7 per cent the previous month and some way south of the Bank of England’s 2 per cent target.
The unprecedented times through which we are living are already having an impact, and it is going to get bigger. Will it even be possible to produce a figure for April?
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