Tuesday, March 25, 2014
Believe it or not
Falling Fuel Costs Help Inflation Dip To 1.7%
"The Office for National Statistics (ONS) said the Consumer Prices Index (CPI) measure dipped for the fifth month in a row - supporting hopes that the real-terms decline in pay is coming to an end".
4 thoughts on “Believe it or not”
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Thecountofnowhere says:
Prices still shooting up.
taffee says:
Basics should be in the inflation basket not 645 items
Water gas electric council tax food mortgages finance loans(including pay day)food
Petrol trainfares etc etc
enuii says:
Check out the 645 items and pick a couple of odd ones, odd being not representative of typical living costs.
http://www.ons.gov.uk/ons/guide-method/user-guidance/prices/cpi-and-rpi/cpi-and-rpi-basket-of-goods-and-services/consumer-price-inflation-basket-of-goods-and-services-2014.pdf
Here are my two from the list:- Nanny Fees & Livery Charges.
libertas says:
And when you understand BOE monetary policy, you realise that it is against their policy for petrol to be cheaper. If, low and behold petrol went down to 60p per litre, they would hyper inflate the currency because banks may struggle to obtain loan repayments.
What a bunch of spoilt rotten jerks.