High inflation stubborn and worsening
22 June 2023
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In the Media
Energy and Environment
Housing and Planning
Julian Jessop quoted in The Times
IEA Economics Fellow Julian Jessop has been quoted in The Times responding to new that inflation has remained stubbornly high at 8.7 per cent, while core inflation (which excludes food and energy costs) continues to rise.
Julian said:
“Headline inflation should still drop sharply over the rest of the year as food and energy prices fall back,
“But the problem now is core inflation, excluding food and energy, is no longer just ‘sticky’; instead, it is actually heading in the wrong direction.”
Read the full piece here.
Julian was also quoted in an op-ed in The Times, as well as Business Telegraph, This is Money, and AOL.
Julian said:
“Headline inflation should still drop sharply over the rest of the year as food and energy prices fall back,
“But the problem now is core inflation, excluding food and energy, is no longer just ‘sticky’; instead, it is actually heading in the wrong direction.”
Read the full piece here.
Julian was also quoted in an op-ed in The Times, as well as Business Telegraph, This is Money, and AOL.
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