Below target inflation is a sign the economy needs a boost from the budget, says TUC

Commenting on today’s (Wednesday) inflation figures, which show CPI inflation at 1.8% in line with the Bank of England forecast, TUC General Secretary Frances O’Grady said:

“Inflation has been below target for some time now and is forecast to fall further.  It’s a sign of the ongoing weakness in our economy.

“The Chancellor must not hold back in his budget. No more excuses: working people need investment in the public services they rely on. And the economy needs an urgent boost to bring back solid growth.”