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Why price deflation in the UK in 2015 is likely to be temporary

Geoff Riley

1st April 2015

The annual rate of consumer price inflation in the UK has dropped to zero per cent and many are forecasting that we will experience a bout of price deflation in the months ahead. But how likely is it that deflation will become a persistent problem?

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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