Low inflation reflects flat growth and the need for a genuine end to austerity, says TUC

Commenting on today’s (Wednesday) inflation figures, which show CPI inflation remaining at a three-year low of 1.5%, TUC General Secretary Frances O’Grady said:

“Low inflation is a sign of our failing economy. Growth has been flat for three months, putting wages, jobs and living standards at risk.

“We need a new approach with a genuine end to austerity. No more excuses - the new government must boost living standards for working families and rebuild our public services.”