2023 started with inflation at highs last seen in the early 1990s. While inflation has been falling it remains above the Bank of England’s target. In this blog we consider the drivers behind inflation, why those drivers may lead to more volatility than we experienced throughout the 2000s, and the risk posed by deflation.
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This blog explains the relevance of the work actuaries in government do, and provides actuarial views on topical issues and insights into actuarial work.
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