Deloitte comments on today’s ONS inflation figures
Commenting on today’s ONS inflation figures, Debapratim De, director of economic research at Deloitte, said:
“Price pressures continue to recede in the UK. Softening wage growth and services pricing point to further easing in the coming months.
“With inflation in retreat and UK growth slowing, the Bank of England will likely follow its August rate cut with another 25 basis point reduction in interest rates in November.”
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