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CITY VIEWS: WHAT IS THE OUTLOOK FOR INFLATION?

PHIL MARTIN | ARIEL COMMUNICATIONS
“Inevitably inflation is going to go up because that is the cyclical trend during a recession. Inflation might go into a standstill but will eventually go up and when it does, interest rates will also go up to compensate.”

DON MACFARLANE | LDM GLOBAL
“In the short term inflation will stay the same and in the medium term it will go down to about two per cent. But in three years time, inflation will go up again and this is because of the pound and expensive oil prices.”

MARIOS ADAMOU | PRICEWATERHOUSECOOPERS
“Inflation will pick up because the housing market is starting to recover, unemployment is falling, there are changes to taxes and the pound is weak. These will all bring up
inflation rates.”