ECONOMISTS’ VIEWS: HOW HIGH WILL INFLATION RISE?

 
Julian Harris
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PHILIP SHAW | INVESTEC
"There is a worrying inflation outlook in the UK. Our forecast is looking for a rise to 3.5 per cent for December, and it seems likely that inflation will exceed the four per cent level later this year."

HOWARD ARCHER | IHS GLOBAL INSIGHT
"The data is expected to show\that annual consumer price inflation climbed to a seven-month high of 3.4 per cent in December. However, inflation will hopefully dip below two per cent early in 2012."

GEOFFREY WOOD | CASS BUSINESS SCHOOL
"Inflation will certainly be up, manifestly. It would not surprise me at all to see it hit four per cent before long. It has been well above the target rate for some time, and unlike the MPC I don’t see it coming down."