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'Base effects' could send inflation plummeting

Inflation calculations are about to get interesting
April 26, 2023
  • Base effects could put downward pressure on inflation figures this year 
  • But even if the rate of inflation falls, prices will keep rising…

 

What are base effects?

The annual rate of inflation tells us the percentage change in the consumer price index (CPI) compared with the value recorded in the same month a year ago. 

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