ISME welcomes fall in inflation

ISME, the Independent Business Organisation, has cautiously welcomed the slight reduction in inflation from 2.7% last month to 2.6%, but warned that this may be only a temporary respite with significant increases due in energy, health and postal costs.

According to ISME chief executive Mark Fielding, climbing costs in electricity, gas, healthcare, postal costs and local charges will contribute significantly to inflationary pressures over the next number of months.