"Simply put, an inflation outlook that couldn't look any more favorable," he remarked.

Thus, many experts remain concerned about the inflation outlook for the rest of the year.

But higher wages should aggravate the inflation outlook in 1989, he said.

"My sense is that people are becoming increasingly comfortable with the inflation outlook."

But the key to the inflation outlook continues to be the pace of economic growth.

But in no way has the inflation outlook worsened by that much.

Economists are divided on the inflation outlook for next year.

The inflation outlook has not been helped by a sharp decline in the pound against the German mark.

However, it will have to be maintained for some time before the inflation outlook improves.

And some recent settlements are not encouraging for the inflation outlook.