WHy UK inflation is high given huge stress in UK economy?This blog covers research work in Economics with focus on India. Adam Posen tries to solve one of the big mysteries of world economy at this moment- Why inflation remains high despite significant output loss/stress in UK economy? Other advanced economies are staring at disinflation (if not deflation) but not UK. Inflation for May 2010 is 3.4%, lower than 3.7% in April 2010. This is nearly 1.5% hig
