Monday, February 12, 2007

Well, whaddya know? Inflation’s in the system!

U.K. January Factory-Gate Prices Rise the Most in Six Months

Feb. 12 U.K. factory-gate prices rose in January by the most in six months, feeding inflation pressures in the economy and adding to the case for the central bank to raise interest rates.

Posted by financial planner @ 09:48 AM (471 views)
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3 thoughts on “Well, whaddya know? Inflation’s in the system!

  • So David Smith was utterly wrong when he said that inflation was going to go down.

    What a surprise.

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  • The only thing which David Smith appears to have been right about, is that property prices will go up and up. Give the graph on the homepage of housepricecrash.co.uk, he’s guessed that it will continue and continue. Golly, a child could have managed that!

    Question is, when will the graph on the homepage of housepricecrash.co.uk start to descend?

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  • japanese uncle says:

    Not only D.Smith, but nearly every economic commentators are prostitutes (Retch!) of poweful financial bosses. It must be hard to resist the sweet smell of wine and roses, offered in return for the free will and speech.

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