"Inflation is BACK": Chancellor issues warning for households ahead of Autumn Statement

 Inflation is BACK : Chancellor issues warning for households ahead of Autumn Statement
 

After staying close to zero since the start of last year, inflation has returned and is set to keep on rising in the coming months, said Philip Hammond.
Prices are expected to increase in the coming months, thanks to a weaker pound.
But Mr Hammond said price rises should only be a short-term effect, before they settle back down.
He told ITV: "We have to wait and see what inflation figures look like when we get the OBR's report on Wednesday, but I think looking at the consensus of forecasts, it's clear that inflation is back.
"That is hopefully a temporary phenomenon as the effect... read more

 
20 November 2016 in Business, Views: 64
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