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Other Papers on :Price Stability, Inflation and Central Banks

Other Papers on :Forecasting

P/F/379. Variables influencing inflation rates in UK

(2005, 3000 words)

The paper analyses the factors behind inflation identifying the main determinants of the UK short run fluctuations in inflation over the past 25 years. Economic theories of inflation are reviewed highlighting the variables of unit wage cost, employment levels, and interest rates and analyzing their correlation and influence on UK inflation rates.
 
   
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