Monday, Jul 20, 2009
Deflation my derriere
Retail Week: Argos set to hike prices 5%
An example of how the week pound is going to effect inflation.
Posted by wdbeast @ 12:15 PM (900 views) Add Comment
11 Comments
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1. andrew said...
Must be that nasty deflation again.
2. little professor said...
http://www.wsu.edu/~brians/errors/affect.html
3. wdbeast said...
LP - No need to be so affected!
4. techieman said...
hi Wdbeast - wont pick up on the month or year pound either. only joshing! So much for buying at Argos and pocket(ing) the difference!
5. wdbeast said...
techieman - dyslexics of the world untie! lol
6. str 2007 said...
Just noticed beds in the new Autumn Next Catalogue are up 10-12% from the Summer Catalogue.
I wonder what will be left in the RPI/CPI figures soon if houses are going up aswell. Just wages I guess !
7. Fallingbuzzard said...
Another example of a journalist confusing retail price inflation with salary inflation. One does not follow the othere in an economic depression.
8. Jayk said...
What weak pound? Sterling has been strengthening against the US Dollar and Euro for ages. So much for the currency crash predicted here all of last year ("Sterling will be worth one Dollar and half a Euro by next year, you'll see!" - etc etc).
Don't tell me, the crash is just around the corner.....
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