Zero inflation not enough to secure living standards, says TUC

Commenting on the latest inflation figures published today (Tuesday), which show the Consumer Price Index (CPI) inflation at 0.0 per cent, TUC General Secretary Frances O’Grady said:

“Zero inflation is not a route to raising living standards. And with future economic prospects so uncertain, early interest rate rises would bring real risks to households.

“The recovery can’t be taken for granted and we need significant investment in skills, innovation and infrastructure to boost productivity and ensure a sustainable economy that works for the many and not just the few.”

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