Global Economy

Wednesday 15 December 2010

GCSE Business Unit 1, AS EconBus Unit 1 and AS Macroeconomics: inflation

In November, inflation as measured by the Consumer Prices Index, rose to 3.3% - way above its target of 2%. Click on the image above for a brief analysis. Will the Bank of England raise interest rates soon? That would affect wage rise demands (they would go up) and the property market (which would go down).

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