BANK OF England governor Mervyn King is expected to deliver a quarterly inflation report today that...
BANK OF England governor Mervyn King is expected to deliver a quarterly inflation report today that will downgrade growth figures for 2003, The Times writes. The report comes one day after new figures showed inflation increased to 2.9% last month against expectations of a fall among most City economists. The rise in the key RPIX index - retail price index minus mortgage interest payments – is not all bad news, the paper adds, as some economists point out that core goods inflation remained steady at 1.4%. THE SCOTSMAN says that while yesterday's inflation figures may ha...
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