Wednesday, March 9, 2011

Mervyn & Blanchflower say inflation has peaked

Fuel Prices: Unleaded Petrol Hits New High

"The average cost of unleaded petrol has hit £6 a gallon for the first time, increasing pressure on the Government to ease the growing fuel price burden on the economy". "New figures show unleaded at 132.12p a litre while the average diesel cost has also hit a new record at 137.92p". (I've paid a lot more than that on the motorway).

Posted by alan @ 04:10 PM (1402 views)
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5 thoughts on “Mervyn & Blanchflower say inflation has peaked

  • it will be peaked up their a$$es soon

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  • Bear Necessities says:

    “(I’ve paid a lot more than that on the motorway)”

    Why would anyone in their right mind buy petrol on the motorway?

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  • Put your money where your mouth is Merv. (Shill)

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  • “Each day I live in a glass room unless I break it with the thrusting of my senses and pass through the splintered walls to the great landscape.”

    ~ Mervyn Peake

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  • markj69 str05 says:

    So problems in the middle-east are going to settle down then, and food production this year will not be affected by freak climate change problems!

    I’m guessing Merv and co are using the same crystal ball they use to predict IR’s, to help keep them at their 2% target. In which case, You lying [email protected]

    I wonder if they would back that comment up with a 0.5% increase on Base rate, should Inflation not drop!

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