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Core inflation down - you have to laugh

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    Core inflation down - you have to laugh

    http://news.bbc.co.uk/1/hi/business/7302297.stm

    UK consumer inflation reached its highest level in nine months last month, due to a new method for calculating energy bills.

    The Office for National Statistics said the Consumer Prices Index (CPI) hit 2.5% on an annual basis in February, up from 2.2% in January.

    But without the change in methodology, the figure would have remained at 2.2%.

    But core inflation, which excludes oil and food, fell to 1.2% in February, the lowest level since August 2006.


    Boomed!

    Ignore the liars telling you that everything is going up. Ignore your bills and receipts. The government says core inflation is dropping like a stone.

    FFS


    #2
    Originally posted by DimPrawn View Post
    http://news.bbc.co.uk/1/hi/business/7302297.stm

    Boomed!

    Ignore the liars telling you that everything is going up. Ignore your bills and receipts. The government says core inflation is dropping like a stone.

    FFS

    It's no wonder I have all this spare cash to invest in btl

    Comment


      #3
      So - core inflation covers anything that is not going up in price?
      Older and ...well, just older!!

      Comment


        #4
        Originally posted by ratewhore View Post
        So - core inflation covers anything that is not going up in price?
        It covers sunlight and air.
        Confusion is a natural state of being

        Comment

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