The stubbornness of UK inflation has prompted suggestions that there has been an adverse shift in the relationship between growth and inflation and has raised concerns that the low inflation psychology of the last decade or more is under serious threat. But we still think that there are very good reasons to expect inflation to fall back sharply next year and beyond.
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