Tuesday, February 12, 2008

It’s petrol’s fault that everything’s so expensive

Petrol drives inflation up to 2.2%

The Office for National Statistics (ONS) says that Consumer Price Index (CPI) inflation increased by 0.1% for the 12 months to January, compared to December's figure of 2.1%. It attributes much of the increase to the rising prices of fuel and food.

Posted by tamsin bishton @ 03:06 PM (492 views)
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One thought on “It’s petrol’s fault that everything’s so expensive

  • I don’t get this. I thought food and petrol were specifically excluded from CPI. Is this an attempt to make people think that food + fuel is not having much affect on inflation (“only 0.1%!”). The real inflation indicator is RPI – right? Which they havn’t mentioned.

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