Inflation in the U.K. - predictions

[maggiethecatiii (deleted)]

(removed)

"..."Looking further ahead it looks likely that we'll get another inflation overshoot in 2013," said Commerzbank economist Peter Dixon. "It's entirely possible that by mid-year we'll get a very sharp spike in inflation back above 3 percent."

High inflation has put pressure on consumer spending, which accounts for around two thirds of all expenditure in the British economy..."

"If you aren't outraged, you aren't paying attention."