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The UK Economy

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  • Kneller, Richard
  • Riley, Rebecca
  • Young, Garry

Abstract

One of the unusual features of the British economy in recent years has been the remarkable stability of inflation. RPIX inflation has not moved by more than half a percentage point of its 2½ per cent target since the end of 1996, suggesting that aggregate demand has been fairly close to supply throughout this period.

Suggested Citation

  • Kneller, Richard & Riley, Rebecca & Young, Garry, 2000. "The UK Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 172, pages 8-17, April.
    • Handle: RePEc:cup:nierev:v:172:y:2000:i::p:8-17_4
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