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Realistbear

Producer Input Inflation Unexpectedly High

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http://uk.finance.yahoo.com/news/producer-input-price-inflation-higher-than-expected-reuters_molt-801d9fd098c5.html?x=0

Producer input price inflation higher than expected
.9:39, Friday 8 October 2010
LONDON (
Reuters
) - Manufacturers' raw materials costs rose almost twice as fast as expected last month propelled by higher wheat prices, taking the annual rate well above expectations, official data showed on Friday.
The Office for National Statistics said producer input prices rose 0.7 percent on the month in September, taking the annual rate up to 9.5 percent from 8.7 percent in August. That was well above analysts' expectations for a rise of 0.4 percent on the month and an annual rate of 8.6 percent.

Merv can onlhy remain vigilant* as an IR rise will send house prices down even faster. Vigilance is the word over the next few quarters.

___________________

*

BoE English dictionary; VIGILANT: gk. Vigilos, Lat. Vigilanti: the act of watching but not doing.

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  • 244 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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