Showing posts with label oil prices. Show all posts
Showing posts with label oil prices. Show all posts

Monday, 12 January 2009

Plummeting global oil prices could boost UK economy BUT ...

Ernst & Young ITEM Club research released today forecasts that falling oil prices, one of the few bright spots for British consumers this winter, could provide a further substantial boost to the economy in the next 3 years but might also spark deflation.
http://www.ey.com/GLOBAL/content.nsf/UK/Media_-_09_01_05_DC_-_Plummeting_oil_prices_could_boost_economy