UK inflation could soar above 4% this year, thinktank warns

UK inflation could soar above 4% this year, thinktank warns - short news


Resolution Foundation’s forecast prompts new concerns about household budgets as planned cut in universal credit looms

The government should prepare for a jump in inflation this year that will eat into household living standards and force more low-income families into poverty, according to the Resolution Foundation.

Inflation is on course to rise above 4% in the next few months as the economy opens up and consumers begin to spend some of the savings they have built up over the..


Read more on The Guardian

source: The Guardian - 20.06.2021

Top