Home ›› 19 Oct 2021 ›› World Biz
Supply chain problems that are dragging on the economy’s post-lockdown recovery will persist for at least a year, according to a survey of chief financial officers at top British companies published on Monday.
With the Bank of England trying to assess how long a recent jump in inflation is likely to last, more than half of the chief financial officers surveyed by accountants Deloitte believed consumer price inflation would still be above 2.5% in two years’ time.
In August, the BoE forecast inflation would be only slightly above 2% in two years’ time after hitting 4% in the coming months.