Jump to content
House Price Crash Forum
Sign in to follow this  
muggle

July Inflation Up?

Recommended Posts

OK, So the Bank of England releases its latest inflation figures tomorrow (Tuesday 17th July).

Which way do you think it is heading?

To make this poll more interesting I have included the Consumer Price Index (mortgage costs and house prices excluded) and Retail Price Index (real inflation).

http://www.bankofengland.co.uk/

Share this post


Link to post
Share on other sites
OK, So the Bank of England releases its latest inflation figures tomorrow (Tuesday 17th July).

Which way do you think it is heading?

To make this poll more interesting I have included the Consumer Price Index (mortgage costs and house prices excluded) and Retail Price Index (real inflation).

http://www.bankofengland.co.uk/

What about if you think the figures will be "the same" ?? :unsure:

Share this post


Link to post
Share on other sites

A shot in the dark because the business journalists have given this issue no commentary,as usual they don't seem to have a clue about anything.I reckon CPI down .1 or .2.This is not nearly enough,remember deflationary pressures are so favourable at the moment that King PROMISED 2% this year.If he can't drive inflation back to 2% this autumn we will be back in letter writing territory again in 2008 as the year on year domestic fuel deflation drops out of the rolling stats.

Edited by crashmonitor

Share this post


Link to post
Share on other sites
OK, So the Bank of England releases its latest inflation figures tomorrow (Tuesday 17th July).

Which way do you think it is heading?

To make this poll more interesting I have included the Consumer Price Index (mortgage costs and house prices excluded) and Retail Price Index (real inflation).

http://www.bankofengland.co.uk/

It is going down. Its all a fix.

Share this post


Link to post
Share on other sites
Guest wrongmove

Rueters report: U.K. Inflation Probably Fell to 13-Month Low in June

" July 16 (Bloomberg) -- The U.K. inflation rate probably fell last month to the lowest since May 2006, giving Bank of England policy makers leeway to wait before raising interest rates a sixth time, a survey of economists shows.

Consumer prices rose 2.3 percent from a year earlier, after increasing 2.5 percent in May, according to the median of 36 forecasts in a Bloomberg News survey. Inflation reached a 10-year high of 3.1 percent in March and has exceeded the bank's 2 percent target since May 2006. The Office for National Statistics will publish the report tomorrow. ......"

Share this post


Link to post
Share on other sites

I voted for up for both - but I'm not sure - my heart may be controlling my brain

I'll stick with 'up' due to rising oil and food prices. but to be honest it feels like everything I buy is going up in price - but I don't own an iPOD or a satnav so I guess thats my fault :rolleyes:

Share this post


Link to post
Share on other sites
A shot in the dark because the business journalists have given this issue no commentary,as usual they don't seem to have a clue about anything.I reckon CPI down .1 or .2.This is not nearly enough,remember deflationary pressures are so favourable at the moment that King PROMISED 2% this year.If he can't drive inflation back to 2% this autumn we will be back in letter writing territory again in 2008 as the year on year domestic fuel deflation drops out of the rolling stats.

Unfortunately missed out on the big news yesterday ,so I am probably covering old ground.But a drop of only 0.1% given all the favourable deflationary forces at work is a complete disaster for Merv.That promise of a 2% CPI rate this year is suddenly on shakey ground.Merv's prediction of definitely hitting what is supposed to be a 2% central target(even though it is now a fading memory)has gone from a 100.1 on banker to about 3.1 on. He was going to cheat of cause by hiding behind oil deflation even though inevitably inflation was going to spiral out of control once more in 2008,but at least he could have hit the target for a month or two and salvage some of his tattered reputation, but the rise in oil prices has put paid to that.This is looking f**king awful for the Bulls ,rates may even have to go Kiwi.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 355 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.