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Realistbear

B B C: Inflation Is 7.2% In Relation To Motoring Costs

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http://news.bbc.co.uk/1/hi/business/5315890.stm

Last Updated: Tuesday, 5 September 2006, 10:52 GMT 11:52 UK

Higher fuel prices mean the
cost of keeping a car on the road rose by 7.2% in the past year
, research suggests.
Sainsbury's Bank said the average cost of running a car for a year rose to £2,202 in August from £2,053 last year.
Rising fuel costs were behind the bulk of the increase, climbing 11% compared with 2005 to £1,226, driven by record crude oil prices.
Other costs drivers faced included £462 for insurance, £273 for servicing, £116 for tax and £44 for MOT.

With Fuel for your house up by a good 20% and housing costs measured by council tax and mortgage payemts off the charts, food prices soaring in the supermarkets it becomes difficult to imagine that inflation, CPI-wise, fell from 2.5% to 2.4% last month :blink:

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http://news.bbc.co.uk/1/hi/business/5315890.stm

Last Updated: Tuesday, 5 September 2006, 10:52 GMT 11:52 UK

Higher fuel prices mean the
cost of keeping a car on the road rose by 7.2% in the past year
, research suggests.
Sainsbury's Bank said the average cost of running a car for a year rose to £2,202 in August from £2,053 last year.
Rising fuel costs were behind the bulk of the increase, climbing 11% compared with 2005 to £1,226, driven by record crude oil prices.
Other costs drivers faced included £462 for insurance, £273 for servicing, £116 for tax and £44 for MOT.

With Fuel for your house up by a good 20% and housing costs measured by council tax and mortgage payemts off the charts, food prices soaring in the supermarkets it becomes difficult to imagine that inflation, CPI-wise, fell from 2.5% to 2.4% last month :blink:

Another factor with increasing importance is the cost of the finance of these shiney new cars that few can afford but many drive. I've a feeling that cost may be growing too........

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IIRC BBC news had a poll (strangly I can't find it on their website) in which 45%+ thought Britain was too expensive and crime was out of control

Well, duh - it's called INFLATION....

edit: found it...

http://news.bbc.co.uk/1/hi/uk/5310016.stm

"living costs" - 31% (ie REAL inflation)

"immigration" - 28% (the thing that's driving people wages down)

Surprise, surprise - Labours "smoke and mirrors" is buckling...

Edited by dnd

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With the retail inflation report out today showing a shock rise and the highest inflation since 2004 it looks like inflation is on the rampage in all sectors---except pay of course.

Bear week this week.

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  • 301 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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