GDP may be rising, but wage growth is at its lowest level on record. There is no recovery for most voters.
Average pay excluding bonuses remains below inflation. For most, there is still no recovery at all.
Britain is awash with debt, while government policy encourages inflation. But theoretical inflation sorts a lot of stuff out, while actual inflation will hurt.
Until the government marries monetary activism with fiscal activism, Britain will not have a recovery worthy of the name.
ECB rate cuts expected
This year and next, a full 0.6pp of inflation will be because of direct government decisions.
"Essentials" increased in price by far more than the CPI last year.
Bank of England dashes hopes of the inflation hawks.
Stability in price levels.
The new Bank of England governor doesn’t start until July but he has some important decisions to make before then.
The Economist endorses a bit of NGDP targeting, for a bit, in a bit.
In which the fun is sucked out of music.
Can Japan actually end decades of deflation?
“The surprise for us was the extent of the food price increase"
CPI now stands at 2.7 per cent.
But hikes in food and energy bills put a dampener on the news.
As NS economics editor David Blanchflower predicted, inflation has plummeted in the last year.
French healthcare inflation vs US healthcare inflation! Beer inflation! Spanish inflation!
The central bank sees the merit of the carrot and the stick. Democracy? Not so much.
Lowest rise in food inflation since 2010.
RPI and CPI both fall further.
Producer and consumer prices are diverging - which could spark trouble in the future.
Annual rate on the consumer prices index drops to 3 per cent.
Low wage growth + High price growth = Misery.
The Bank of England governor warns of a "storm heading our way" from Europe, as CPI inflation remain