2min chapter

Intelligence Squared cover image

The Economy in 2023: Where Do We Go From Here?

Intelligence Squared

CHAPTER

Is There a Problem With Inflation?

Inflation is running at about 10%. Average pay in the private sector is rising between 6% and 7%, according to ONS. The idea that it is public sector pay that is driving inflation or is likely to drive inflation is simply political nonsense from the government, says Jonathan O'Brien.

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