Detail Unwelcome lift-off   Oleh:  The Economist Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 386 no. 8572 (Mar. 2008), page 59. Topik: Inflation; Britain; Economy; Consumer-price Index (CPI) Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.50 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel INFLATION, the bane of Britain's post-war economy, has been uncharacteristically docile over the past ten years. It lurched upwards in early 2007 but then obligingly subsided again. That relief has been short-lived. In recent months the prices of essential items such as food, heating and petrol have soared. And the prospects for hard-hit households look even grimmer as Britain imports inflation on a scale not seen for decades: commodity prices are rising and the pound is sliding. These cost pressures are the biggest challenge yet to Britain's 15-year-old regime of inflation-targeting, which has underpinned the greatest price stability since the second world war. After Britain was turfed out of the European exchange-rate mechanism (ERM) in September 1992, the Conservative government gave the Bank of England the job of ensuring low inflation, which was measured by the retail-price index excluding mortgage-interest payments (RPIX). When Labour came to power in 1997, that target was set at 2.5%. In December 2003 it was changed to 2.0%, and inflation began to be measured by the consumer-price index (CPI) designed to be used by members of the European Union. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved