Low inflation signals a weak economy, says TUC

Commenting on today’s inflation figures, which show CPI inflation falling to 1.3%, TUC General Secretary Frances O’Grady said:

“Low inflation is another sign that our economy is struggling, putting jobs and pay at risk.

“The government must do more to support key industries and lay the foundations for higher productivity.

“No more excuses – the March budget is a vital opportunity for urgent investment to boost growth and living standards across the UK.”