Sasha Yanshin: UK Inflation data has flatlined at 6.7% and CPIH is at 6.3%. While everybody is pointing to rising fuel prices, inflation in the UK is now being driven by fast growing wages and mortgage payments increasing because of high interest rates. House prices are now falling and people are at risk of not being able to make their mortgage and rent payments which could lead to significant problems.
No comments:
Post a Comment