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How household contracts could be fueling UK inflation

By Lorenza Rossi, Professor in Economics, Lancaster University
Stefano Fasani, Lecturer in Macroeconomics, Lancaster University
UK inflation has dropped to 3.6% but it remains well above the Bank of England’s 2% target. Beyond broader global uncertainties, there are also factors within our own homes that are quietly sustaining this stubborn issue. Namely, automatic annual price uplifts in everyday contracts for things like mobile phones and utilities.

UK inflation is expected to become the highest…The Conversation


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