Deloitte senior economist comments on today’s ONS inflation figures

Commenting on the latest inflation figures, Debapratim De, senior economist at Deloitte, said:

“We remain in a deflationary environment, with rising unemployment, weak wage growth and abundant spare capacity. This should maintain downward pressure on inflation, especially as rising COVID-19 cases and tighter local restrictions lead to a renewed squeeze on demand and activity.”

End

Notes to Editors

About Deloitte
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