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Emeritus Prof Christopher May

Hmmmm, so is down to less than 7% (qualified good news), but costs are accelerating at a record pace.

Maybe the BoE should finally drop its wage/prices spiral position & actually look at corporate profits & as the drivers of .... or is that a little too close to home for the in Threadneedle St?

And before they say its a 'lagging factor' you can make the same argument about wages.... but rents come out of household income(s) directly!