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Could we see 7% inflation this year?
Published 1 month, 2 weeks ago
Description
AIB's latest economic outlook is warning that inflation could peak at the higher rate of 7% if the Strait of Hormuz blockade continues for the rest of the year. This is in comparison to its initial case forecast of 4%. So, what does this actually mean?
Joining Shane to discuss is Deloitte’s Chief Economist, Kate English.