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Deloitte comments on today’s ONS inflation figures

16 August 2023

Commenting on today’s ONS inflation figures, Debapratim De, senior economist at Deloitte, said:

“While the fall in headline inflation is a welcome development, core inflation figures indicate that underlying price pressure remains unchanged. That, along with accelerating services prices and yesterday's strong wage data, suggests that the Bank of England's objective of restoring price stability is still far from being achieved.”