Forget Statistics ... We Know About the Real Inflation Rate ; Public Perceive Cost of Living to Be Double Official Levels
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Summary
THE public expects the cost of living to soar at more than double the pace of official targets in the coming year, according to the Bank of England's latest survey.
Most respondents put the average rate of inflation at 4.3% in the next year, theBank's quarterly attitudes survey found - more than double its 2% benchmark.See the full content of this document
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Forget Statistics ... We Know About the Real Inflation Rate ; Public Perceive Cost of Living to Be Double Official Levels
The figure is another headache for policymakers keen to rein in expectations for fear of fuelling higher wage demands and increasing infl...
See the full content of this document
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