Economics CPD Courses Coming up this Term!- Book Your Places Now!
Just as the Monetary Policy Committee have been saying for a while, inflation is starting to fall back towards their target. The fall to 4.2% in December is rather sharper than expected, and is the biggest monthly fall since April 2009. With further falls almost certain in the next few months as the VAT rise and energy price hikes roll out of the 12-month figures, analysts have commented today that this will leave the opportunity for the MPC to inject further rounds of QE into the economy with less fear of triggering too much demand-pull inflation.
The ONS report that the largest downward pressures on CPI came from petrol, gas and clothing. As so often, the BBC has provided a great analysis, with inflation rates for various categories of goods and services contained in the ‘basket of goods’, along with forecasts of how inflation will move for those items over the next twelve months.
It looks to me like a good year to give up the booze and fags, buy a second-hand car but keep it off the road, take up reading as a hobby, and move to a cheap hotel (but nowhere near to the Olympic park) to avoid paying the heating bills.
FOR MORE REVISION SUPPORT FROM THE TUTOR2U TEAM...
Use the following class codes to join our Zondle revision classes:
Economics: AS Micro 290-66327 AS Macro 290-66328 A2 Micro 290-66329 A2 Macro 290-66330
AQA AS/A2 Business: BUSS1 290-66325 BUSS2 290-66326 BUSS3 290-66323 BUSS4 290-66322
Economics CPD Courses in June 2014 - Book Your Places Now!
|PowerPoint Lesson Activities||Teacher Conferences & CPD Courses|
|Exam Coaching & Revision Workshops||Pre-release Case Study Toolkits|
|A Level Economics Teaching Support||Resources for Business Studies|