BoE’s Lombardelli: I see risks to inflation on both sides

• I see risks to inflation on both sides.
• We have seen a fall in services inflation and wage settlements.
• Minimum wage comes up as pressure for businesses more than any other pressure.
• I am more concerned about upside risks to inflation as costs are higher if inflation gets entrenched.

This article was written by Giuseppe Dellamotta at www.forexlive.com.