Consumers short-changed on currency exchange boost

One of the key features of the global developed economy over the past few years has been the lack of any significant inflationary pressures.

In fact, deflation has been the issue most worrying central bankers and they have engineered historically low-interest rates and massive programmes of quantitative easing in an effort to generate economic growth and a healthy level of inflation.

Economic growth is coming back, but inflation is still pretty much marked by its absence.