Press release

Latest inflation figures are "dreadful" say Saga

Tuesday 12 April 2011

Commenting on the latest inflation figures, Dr Ros Altmann, Saga's director general said:

"The latest inflation figures are dreadful - yet it is astonishing to see an RPI inflation figure of 5.3% and CPI of 4% (double the Bank of England's target) being greeted as great news.

“There seems to be no relief in sight for hard-pressed savers, still suffering from interest rates well below these inflation figures.”


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