Inflation… where?

LAST UPDATED: 13 May, 2015 @ 17:08
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Inflation… where?

THE Bank of England has voted 7 against 2 for an interest rate hike, and even economies showing signs of growth are nervous to act.

The FTSE has dipped to a recent low, with blue chip companies feeling the lack of confidence.

In Europe, while Germany seems to be hitting its numbers, France is not. So the European Central Bank is extending the corporate bond purchases to avert further deflationary pressure.

We are awaiting interest rate decisions for the America as I write this article. Will they be the first to take growth to task?

As for Spain and our beloved Andalucia, I noticed the N-340 was not suffering from a lack of traffic…

The golfers are back, restaurants are busy, and the sun is shining on the righteous, bringing a smile to everyone’s face!

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  1. Quite a bit different up in the mountains behind Malaga where lots of Brits live having to put up with unmade roads, colder and wetter weather, poorer villages and towns.

    Ah, the N340 road, statistically one of Europe’s most dangerous roads. A blooming nightmare road driven by grimacing (not smiling) drivers, just trying to enter it before you await the thud of speeding road hogs behind you, and then negotiating all those golfers as they speed off to really expensive rounds of golf. Lol

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