Home » Economy » Can government claim credit for fall in inflation?

Can government claim credit for fall in inflation?

by Alexandra Hartman Editor-in-Chief

2023-11-15 10:08:57

Measures such as keeping public sector pay settlements limited to 5-7%, as opposed to paying inflation-linked rises, will have meant slightly less spending. But that’s a mere percentage point or two of the public sector pay budget – a matter of a few billions, compared to total overall government spending of £1.9 trillion.

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#government #claim #credit #fall #inflation

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