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! 8 The ONS said the main drivers of the increase in the consumer price
| inflation rate in July were rising prices of motor fuels, alcoholic drinks
| and accommodation services.
| 9 "It looks probable that consumer purchasing power will be
| significantly diluted over the coming months as inflation trends
| higher and earnings growth is limited
,, said Howard Archer of IHS
| Global Insight.
| 10 ''Companies may well look to clamp down on workers' pay as they
| strive to save costs in a more difficult environment and as imported
| input prices are lifted by the weakened pound. Meanwhile, a likely
| softening labour market and reduced consumer confidence will dilute
! . workers' ability and willingness to push for higher pay awards".
Questions
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What is this text about?
1/This text is about tourism in London
2/This text is about foreign investment in United States
3/This text is about job insecurity in France
4/This text is about conséquences of a référendum
5/This text is about English inflation
2
What is "CPI"?
1/ Inflation
2/ Labour Party
3/ Economy
4/ An organization
5/ A race