Alan Barrett
speaker
389 appearances
3 recordings
2 series
first heard May 2026
last heard 25 Jun
Alan Barrett’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 2.
Appearances
And there's a variety of reasons for that, even if you sort of think about something as simple as,
you know, well, when does planting happen?
And, you know, say if planting is lesser than it otherwise would have been, you can have these sort of longer run effects.
So the concern here is that even though we, you know, we expect the energy price increases to sort of moderate, those longer run effects can still be there, whereby sort of inflation for the year we think will average around sort of 3.5% to 4%.
There'll still be inflation, it looks like, in the system next year.
So it will ease, but the government is going to have to sort of keep monitoring this sort of situation.
And of course, on the specifics of food prices, we just know that because food price inflation tends to affect people in lower parts of the income distribution more because the higher proportion of their spending on food, that that's always a specific concern.
Well, there's two dimensions.
I mean, firstly, you're right.
I mean, it is a welcome development that the housing completions seem to be increasing.
Of course, the difficulty is that they're not really increasing at the rate that we need to see.
So we think next year we might sort of nudge over the 40,000 completions.
The difficulty is we really need 50,000 or 60,000 to be making sort of serious inroads into the housing crisis.
So, look, there's two difficulties.
I mean, one is just the inflation issue we've talked about.
So, you know, in the same way that the fuel price increases feeds into, you know, food inflation, it also feeds into construction inflation.
And that's something that could dampen activity.
But the other concern we have, it's more data driven.
And, you know, when you're trying to forecast things in general, there's lots of things you try and use to give you some sort of sense of what's coming down the line.
And one of the things that's really useful in looking at housing forecasts is to look at planning permissions, okay?
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