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Inflation: there's a vital way to reduce it that everyone overlooks – raise productivity

By David McMillan, Professor in Finance, University of Stirling

Inflation has become one of the great issues of our times. The UK’s is the highest in the G7, weighing in at 9% a year according to the most recent figures on consumer price inflation.

When you look at the other common measure for prices, retail price inflation,…

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