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Economic environment: Inflation

Data from Timetric.

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Inflation: Headline indicators, UK from Timetric

Inflation is the tendency for the price level to drift up through time.  Things tend to get more expensive, on average, as the years go by.  After a quiet spell from the mid 90s to around 2005, inflation stayed subdued - but it seems to be making a comeback.  What does that mean for business?

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