ECONOMICS COMMENTARY
Dec 17, 2013
UK inflation falls to four-year low
Inflationary pressures are running at their lowest for four years in the UK, adding scope for the Bank of England to keep policy ultra loose in order to help sustain a robust economic recovery. However, rising energy prices may well push the rate up again in coming months, and further news of rising house prices means policymakers will need to continue to monitor the property market to ascertain whether the further steep growth of house prices could pose a threat to the recovery.
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