Economic Indicators 

The death of inflation

The death of inflation

Readers of Investors Chronicle may not spend much time thinking about strappy tops. Their teenage daughters may well do, but not our oh-so-sensible readers. Perhaps they should – especially if they own index-linked gilt-edged stock. Unlikely though it seems, changes to the prices of strappy tops have contributed an annual windfall of perhaps £1.2bn a year since 2010 to holders of index-linked gilts. But now that windfall is under threat.

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