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UK inflation lags behind US and Spain and is close to Germany’s
Tuesday, March 21, 2017 8:35
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The countries experiencing some reasonable recovery in demand are all experiencing an upturn in inflation of a similar magnitude. Slow growth economies have also experienced a rise thanks to oil and commodity prices, but less so than the faster growing ones.
Spain leads the pack with 3% inflation, followed by the US with 2.7%. The UK at 2.3% is close to Germany at 2.2%.
This is not some Brexit related phenomenon!
Source: http://johnredwoodsdiary.com/2017/03/21/uk-inflation-lags-behind-us-and-spain-and-is-close-to-germanys/
