Although September's rise in inflation was largely a consequence of base effects, the repercussions of sterling's drop in raising prices and squeezing consumers'spending power is unlikely to be far away.
But for now, a solid set of labour market and retail sales numbers points to the economy remaining in 'business as usual' mode. That said, progress in reducing the fiscal deficit continues to disappoint.
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Weekly Economic Briefings > Uk Weekly Economic Briefing