Press releases

Deloitte senior economist comments on today's inflation figures from the ONS

19 May 2021

Commenting on the latest inflation figures, published by the ONS today, Debapratim De, senior economist at Deloitte, said:

“April's price rises provide an early indication of the inflationary environment we are likely to see as activity picks up over the summer months. Supply has struggled to keep up as the economy whirrs into action, with input prices rising at their fastest pace in more than four years. But ample spare capacity and labour market slack should limit longer-term price pressures.”

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Notes to Editors

About Deloitte

In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.

Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.

The information contained in this press release is correct at the time of going to press.

For more information, please visit www.deloitte.co.uk.

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