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|FSB reacts to rise in the Consumer Price Index|
|Tuesday, 18 August 2015|
Commenting on the Consumer Price Index (CPI) in the year to August, which rose to 0.1%, John Allan, National Chairman of the Federation of Small Businesses (FSB) said:
“The CPI has hovered around this level since the start of the year, providing businesses with a steady period of low inflation. Many small firms are benefitting from the continued downward pressure on oil prices and increased consumer spending. Household disposable income has been boosted by several factors including low food prices, rising real wages and the strong pound which is making imports cheaper.
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