Deloitte's senior economist comments on inflation figures has been saved
Deloitte's senior economist comments on inflation figures
15 July 2020
Commenting on the latest inflation figures, Debapratim De, senior economist at Deloitte, said:
“June’s inflation figures are slightly above expectations but there remains abundant spare capacity in the economy. This should maintain a downward pressure on inflation, which could fall further, especially if there is a spike in unemployment later this year.
“A deflationary environment and elevated uncertainty means interest rates are likely to remain at ultra-low levels well into next year.”
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