Ben Southwood's comments on the CPI drop to 0.3% feature in This is Money
Head of Research at the Adam Smith Institute, Ben Southwood, was quoted by This is Money on the benefits of inflation dropping down to 0.3%
Head of Research at the Adam Smith Institute, Ben Southwood, said: 'There is good disinflation - cheaper inputs and improved productivity - and bad deflation - weak demand - and what we're experiencing now seems to be the good kind.'
And added: 'It is vital for monetary stability and neutrality that the Bank keeps its policy predictable, but right now policy is roughly where it should be.'