erd Report post Posted June 13, 2006 (edited) http://www.statistics.gov.uk/pdfdir/cpi0606.pdf not read it yet though, wonder how the bus passes are doing this month Edited June 13, 2006 by erd Quote Share this post Link to post Share on other sites
pootle Report post Posted June 13, 2006 BBC News 24 - Declan just reported this as BREAKING NEWS!!!! Quote Share this post Link to post Share on other sites
erd Report post Posted June 13, 2006 (edited) RPI 3.0% (up 0.4%). RPIX 2.9% (up 0.5%). edit:corrected figures Edited June 13, 2006 by erd Quote Share this post Link to post Share on other sites
Realistbear Report post Posted June 13, 2006 (edited) http://www.telegraph.co.uk/money/main.jhtm.../ixcitytop.html King comments spark FTSE sell-off By Caroline Muspratt (Filed: 13/06/2006) Speaking at a dinner hosted by Scottish Financial Enterprise and Edinburgh Chamber of Commerce, Mr King signalled global interest rates may have been too low for too long, fanning inflationary pressures which are now feeding into the British economy. He warned that the British economy is facing a "bumpier stretch of the road" and that inflation "remains volatile". Question is, will Gordon allow them to hike the IR and crash the housing market? Gordon has the same choices as the Fed: A. Inflation. B. Recession. Anyone get the feeling that the HPC is like a balloon that is fizzing and erratically spinning around as the air escapes with dips and dives but headed toward inevitable deflation? Edited June 13, 2006 by Realistbear Quote Share this post Link to post Share on other sites
teddyboy Report post Posted June 13, 2006 http://www.telegraph.co.uk/money/main.jhtm.../ixcitytop.html King comments spark FTSE sell-off By Caroline Muspratt (Filed: 13/06/2006) Speaking at a dinner hosted by Scottish Financial Enterprise and Edinburgh Chamber of Commerce, Mr King signalled global interest rates may have been too low for too long, fanning inflationary pressures which are now feeding into the British economy. He warned that the British economy is facing a "bumpier stretch of the road" and that inflation "remains volatile". Question is, will Gordon allow them to hike the IR and crash the housing market? Gordon has the same choices as the Fed: A. Inflation. B. Recession. Anyone get the feeling that the HPC is like a balloon that is fizzing and erratically spinning around as the air escapes with dips and dives but headed toward inevitable deflation? I wish my prospects of my missus 'going down' were as high as the Housing Bubble After a quick look through this PDF - its obvious that EVERYTHING has got more expensive by MASSIVE amounts. Inflation in real terms is easily 7-8%!! TB Quote Share this post Link to post Share on other sites
Jason Report post Posted June 13, 2006 BBC: http://news.bbc.co.uk/1/hi/business/5074570.stm Quote Share this post Link to post Share on other sites
redwing Report post Posted June 13, 2006 I urge all users of this site to download the pdf link in at the top of this post. Inflation is starting to run away with itself. Take a look at: Household Costs contributing c. 9% p.a. to CPI compared to about 6% in February. Fuel and light contributing a whacking 26% p.a. in May to RPI up from less than 15% in February. I'd be very, very worried if I was on the BoE's MPC. Quote Share this post Link to post Share on other sites
Sisyphus Report post Posted June 13, 2006 the largest upward effects came from housing, water, energy, food, non-alcoholic beverages, clothing and footwear that would be non-discretionary spending then (don't forget higher council taxes et al) downward effects came from air fares, sea fares and mobile phone calls - discretionary items. ouch. So yes "real infation" is on the up as everybody knows. Quote Share this post Link to post Share on other sites
Casual Observer Report post Posted June 13, 2006 the largest upward effects came from housing, water, energy, food, non-alcoholic beverages, clothing and footwear that would be non-discretionary spending then (don't forget higher council taxes et al) downward effects came from air fares, sea fares and mobile phone calls - discretionary items. ouch. So yes "real infation" is on the up as everybody knows. I hope that people now accept that the CPI is more inclusive of living costs than some have claimed before now. It seems to move at the same rate as the RPI Quote Share this post Link to post Share on other sites
shermanator Report post Posted June 13, 2006 I hope that people now accept that the CPI is more inclusive of living costs than some have claimed before now. It seems to move at the same rate as the RPI Didn't Roger Bootle write a book called "the death of inflation" or something? What an idiot. He obviously thought that cheap tat from China would warm our homes, run our cars and feed our bellies!!! Why anyone should be surprised is beyond me. If commodity prices are increasing dramatically and the money supply goes berserk you don't have to be Einstein to work out that it'll lead to inflation. Excellent news, anyway Quote Share this post Link to post Share on other sites
