Andrew Sentance on Brexit

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Last quote by Andrew Sentance on Brexit

It is not hard to explain why the momentum of consumer spending has stalled so badly. Real wages are now falling, even though inflation fell back to 2.6% in June. The main reason for the fall in inflation was the drop in the oil price, but it is still reasonable to expect inflation to rise above 3% later this year as the weakness of sterling continues to feed through to the prices paid by consumers.feedback
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Jul 24 2017
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Quotes by Andrew Sentance on Brexit

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