Economists caught on the hop by CPI

When will economists ever get it right? They've already had to cut their inflation forecasts at least three times this year

When will economists ever get it right? They've already had to cut their inflation forecasts at least three times this year. Normally they blame a number of factors for getting it wrong - ranging from "exceptional items" to "potato blight". This time most simply put their hands up and admitted with unusual candour that they got it wrong.

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