Tuesday, May 16, 2006
Back to target
Posted by David Smith at 10:50 AM
Category: Thoughts and responses

Inflation is back to 2%, from 1.8% in March, on the back of higher air fares (possibly an Easter effect) and increases in gas and electricity bills. Retail price inflation, interestingly, is up to 2.6% - more or less in line with public inflation expectations. RPIX, the retail prices index excluding mortgage interest payments, has inflation at 2.4%, up from 2.1%. Details here.

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