Sunday, 18 October 2009

United Kingdom, Ministry of Finance: Low risk of deflation in Britain

Ramsden is one of the major posts in the Treasury.
UK retail price index for the year - the broadest measure of price pressures - fell in March for the first time almost 50 years. However, the consumer price index surprised economists, falling moderately in recent months to 2.9% in March, above the target level of 2% of the Bank of England

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