Share with your friends

KPMG comments on today's inflation figures

KPMG comments on today's inflation figures

Surge in inflation not here to last says Yael Selfin, Chief Economist at KPMG UK.


Also on

Surge in inflation not here to last says Yael Selfin, Chief Economist at KPMG UK:

“Figures released today confirm the underlying weakness of the UK economy, with prices of discretionary goods and services seeing the largest declines, as Brexit uncertainty makes consumers more picky.

“The introduction of Ofgem’s energy price caps is likely to see a series of price jumps, with April’s rise offset by an expected fall in Autumn. 

”Businesses should expect CPI inflation to fluctuate around the BoE’s 2% target over the next two years.”




For media enquiries, please contact:


Riku Heikkilä, Consultant, Kekst CNC

T: +44 (0)7976 326 263



KPMG Press Office

T:  +44 (0) 207 694 8773

Follow us on twitter: @kpmguk


Notes to Editors:

About KPMG in the UK

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 16,300 partners and staff. The UK firm recorded a revenue of £2.338 billion in the year ended 30 September 2018. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 154 countries and has 200,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.

© 2021 KPMG LLP a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organisation please visit

Connect with us


Want to do business with KPMG?


loading image Request for proposal

Save, Curate and Share

Save what resonates, curate a library of information, and share content with your network of contacts.

Sign up today