Latest figures expected for growth and price rises may show signs of 'stagflation'

The latest official figures expected this week for growth and price rises may show signs of ‘stagflation’ – a disastrous combination of economic stagnation and high inflation.

Such a mixture of slump and rising living costs, coming soon after the first double-dip recession since 1975, would suggest there might be a return to the calamitous economic performance of the Seventies.  ...Mail Online