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Will inflation return to normal this year?

12 January 2024

12:11 AM

12 January 2024

12:11 AM

When will inflation return to the target rate? According to its latest forecasts, the Bank of England isn’t expecting inflation to slow to 2 per cent until 2025. But could this happen much sooner?

Several independent forecasters are growing in confidence that inflation could get down to 2 per cent this spring, rather than next spring.

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