Tuesday, April 15, 2014

Frances O’Grady says a cost of living crisis remains

House Price Concern As Wider Inflation Eases

"Wage rises could be finally outstripping inflation for the first time in years though house price growth continues apace". ( NOTE KEYWORD: could).

Posted by alan @ 03:54 PM (4610 views)
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3 thoughts on “Frances O’Grady says a cost of living crisis remains

  • Lots of this wage inflation may/could electioneering business.

    The fact remains that the stronger pound is reducing imported inflation, but will ultimately lead to further wage deflation, except in those professions that are befitting from government borrowing.

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  • Yet over the pond:- (Reuters) – U.S. consumer prices firmed a bit in March, as food and housing rental costs rose in a possible sign that a disinflationary trend had run its course. In the 12 months through March, consumer prices increased 1.5 percent, accelerating from a 1.1 percent rise in February. The core CPI advanced 1.7 percent, up from 1.6 percent. Shelter and food accounted for most of the rise, which beat economists’ expectations for a 0.1 percent advance.

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  • Here’s to hoping the US decide to raise rates before May 2015.

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