Thursday 16, September 2010 by
Interest rates must stay low despite disappointing inflation figures
Commenting on the inflation figures for August by the ONS, David Kern, Chief Economist at the British Chambers of Commerce (BCC), said, “Annual CPI inflation was unchanged in August, despite expectations that there would be a decline. However, RPI inflation was slightly down and earlier figures published this week show that producer price inflation is also easing.
