Prospects for inflation in the UK

UK consumer price inflation has picked up sharply over the last year. Although this has been largely driven by the strength of global oil prices, the UK’s susceptibility to such developments in the past points to the risk of a 1970s-style inflationary spiral.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.