With the economy slowing, inflation pressures easing and household expenditure diving, starting the new financial year with hike number 13 could well prove to be an ominous sign, writes Ian Verrender.
  • @Mattsssss@lemmy.world
    English
    4•1 year ago

    Inflation has moved down, but it’s not going fast enough, utility price rises will continue to fuel inflation for a while yet.

    It might be an equation of 12-24 months at current rates or 6-12 months at slightly higher rates.