The UK Economy

Richard Kneller, Rebecca Riley and Garry Young

National Institute Economic Review, 2000, vol. 172, 8-17

Abstract: One of the unusual features of the British economy in recent years has been the remarkable stability of inflation. RPIX inflation has not moved by more than half a percentage point of its 2½ per cent target since the end of 1996, suggesting that aggregate demand has been fairly close to supply throughout this period.

Date: 2000
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