Why the U.K.’s high inflation has global implications
Goldman Sachs Exchanges
00:00
The UK's Consumer Growth Outlook
Yari: It's certainly been a tough year for UK consumers. We're likely to remain well above the BOE's 2% target for some time and households are still struggling with higher prices. But at the same time, what's important to realize is that inflation is coming down and wage growth is strong. And so we think that consumption is likely to show some signs of growing again later in the year and into next year.
Transcript
Play full episode
