Press releases

Deloitte senior economist comments on today's ONS inflation figures

21 October 2020

Commenting on the latest inflation figures, Debapratim De, senior economist at Deloitte, said:

“We remain in a deflationary environment, with rising unemployment, weak wage growth and abundant spare capacity. This should maintain downward pressure on inflation, especially as rising COVID-19 cases and tighter local restrictions lead to a renewed squeeze on demand and activity.”


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 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.

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