Continued high inflation is maintaining the squeeze on consumers’ spending power in the run-up to Christmas. Although we still expect inflation to fall back eventually, the prospect of further utility price hikes over the next couple of months suggests that it is likely to remain above the 2% target for another year or so.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services