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Inflation - basket of goods

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    Inflation - basket of goods

    http://news.bbc.co.uk/1/hi/business/7300234.stm

    Fruit smoothies, muffins and portable digital storage devices have all been added to a typical basket of UK goods, used to measure inflation.


    Another item that will be something like "1GB memory" which will fall and fall in price as the technology moves has been added to the "weekly shop". No wonder inflation is so low.

    FFS.

    #2
    Last week when I went to Kings X I found the cost of my muff had risen from £400 to £500.

    This will translate to about 3% on RPI - I see interest rate rises to keep a lid on this...

    Comment


      #3
      Originally posted by BrilloPad View Post
      Last week when I went to Kings X I found the cost of my muff had risen from £400 to £500.

      This will translate to about 3% on RPI - I see interest rate rises to keep a lid on this...
      Makes me glad I don't eat kippers.

      You've come right out the other side of the forest of irony and ended up in the desert of wrong.

      Comment

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