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11th Feb 2016 03:10U.K., Economic Monitor

Markets' inflation expectations have fallen in recent weeks, maintaining the trend seen over the previous 18 months. The fall in expectations for the next year or so is justified by the sharp fall in oil prices. But expectations for inflation further ahead have drifted down too, even though lower oil prices will have no effect on the annual comparison of prices beyond a year or so from now.

inflation sterling depreciation wage wages pressure tax taxes deficit oil oil prices cpi rpi construction import imports china

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Keywords for: 11 Feb. 2016 Markets Still Underestimate the Looming Pick-Up in Inflation

inflation, sterling, depreciation, wage, wages, pressure, tax, taxes, deficit, oil, oil prices, cpi, rpi, construction, import, imports, china,