Summary
FAMILIES facing the biggest squeeze on household incomes since the 1930s should expect some respite from high inflation next year, Bank of England governor Sir Mervyn King said.
Sir Mervyn believes price pressures within the UK still remained "subdued" and weakening demand should see prices fall further, despite CPI inflation hitting a three-year high of 5.2% in September.See the full content of this document
Extract
King: Expect 2012 Inflation Respite
Spiralling energy tariffs and bumper mobile phone bills are behind the higher inflation rate, which dwarf...
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