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Stagflation continues to be the word in the U.K. with inflation rising to 4.5% in August from...

Stagflation continues to be the word in the U.K. with inflation rising to 4.5% in August from 4.4% previously. In a required explanation letter, BoE Gov. King blames temporary factors such as a bump in sales taxes and a rise in global energy prices. London -0.2%.
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Comments (1)
  • Sqwii
    , contributor
    Comments (24) | Send Message
     
    And this is supposed to be healthy for the economy and consumers ??

     

    What a joke.
    13 Sep 2011, 07:17 AM Reply Like
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