Tuesday, January 19, 2010
You can expect more of this…..
''Economists surveyed by Bloomberg forecast the Consumer Price Index (CPI) - the measure of inflation used by the Bank of England to set interest rates - to climb to 2.6pc last month compared with December 2008. CPI was only 1.9pc higher on an annual basis in November and the 0.7 percentage-point jump in December would be the steepest since records began in 1997. The Office for National Statistics is due to release the figures at 9:30am.''