Rejected petition Inflation target to be set to 0.00%

More details

For many years British workers and small business owners did not only get no pay increases, but often had to face pay cuts, too. The economic situation for the ordinary citizen becomes increasingly difficult to manage. The only solution to this crisis in this situation is to keep prices absolutely stable.
Therefore, the government should aim for price stability and set the inflation target to 0.00%.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

Government does not set the inflation target. This is a matter for Bank of England.

We only reject petitions that don’t meet the petition standards.

Date submitted 24 July 2014
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