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  • Evening Standard

    Inflation could be zero before you know it — here's why

    by Paul Dales Apr 05, 2024 3 minutes
    Source: ES Composite

    Everyone knows that inflation has been too high. We all see it and feel its pinch every time we buy a coffee, complete the weekly food shop, fill up the car or pay the utility bill. But things are about to change. Inflation will soon be very low. It may even fall close to zero.

    CPI inflation has been above the ’s 2.0% target since May 2021. At one point in October 2022 it

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