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Labour: Government inflation target still incredibly high
Video Credit: ODN
Published on January 18, 2023 - Duration: 00:29s
Labour: Government inflation target still incredibly high
Labour’s Rachel Reeves reacts to the UK’s latest Consumer Price Index inflation figures, which fell to 10.5% in December from 10.7% in November.
The shadow chancellor says the government’s target of five percent “is still an incredibly high level of inflation,” compared to the Bank of England’s target of two percent.
Report by Jonesia.
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💡 newsR Knowledge: Other News Mentions
Labour Party (UK)
British political party
Rachel Reeves
Shadow Chancellor of the Exchequer
Consumer price index
Statistic to indicate the change in typical household expenditure
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Central bank of the United Kingdom
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