NewsBot
25-Oct-21, 00:32
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Inflation Pressures Pause But Cost Of Living Crunch Will Bite This Winter
Commenting on the latest inflation figures for September, which saw CPI fall slightly to 3.1 per cent (down from 3.2 per cent in August but up from 0.4 per cent in February) and CPIH fell to 2.9 per cent (from 3.0 per cent in August), but with further increases due over the coming months, Jack Leslie, Senior Economist at the Resolution Foundation, said:"Today's inflation data tells us both about the cost of living pressures today, and the pressures coming down the line as it is normally used to uprate benefits and set income tax rises next April. "Inflation fell back this month temporarily as the effects of last year's Eat Out to Help Out artificially raised last month’s inflation outturn. [Read Full Article (https://caithness-business.co.uk/article/15010)]
Inflation Pressures Pause But Cost Of Living Crunch Will Bite This Winter
Commenting on the latest inflation figures for September, which saw CPI fall slightly to 3.1 per cent (down from 3.2 per cent in August but up from 0.4 per cent in February) and CPIH fell to 2.9 per cent (from 3.0 per cent in August), but with further increases due over the coming months, Jack Leslie, Senior Economist at the Resolution Foundation, said:"Today's inflation data tells us both about the cost of living pressures today, and the pressures coming down the line as it is normally used to uprate benefits and set income tax rises next April. "Inflation fell back this month temporarily as the effects of last year's Eat Out to Help Out artificially raised last month’s inflation outturn. [Read Full Article (https://caithness-business.co.uk/article/15010)]