Core inflation down - you have to laugh Core inflation down - you have to laugh
Posts 1 to 4 of 4
  1. #1

    Richer than sasguru

    DimPrawn is a fount of knowledge

    DimPrawn's Avatar
    Join Date
    Jul 2005
    Location
    Brexit Britain
    Posts
    34,554

    Default 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

    I was miserable and depressed, but CUK turned it all around. Now I'm depressed and miserable.

  2. #2

    Double Godlike!

    oracleslave 's job has never been outsourced

    oracleslave's Avatar
    Join Date
    Aug 2007
    Location
    Surrey
    Posts
    10,022

    Default

    Quote 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

  3. #3

    Super poster

    ratewhore has no reputation

    ratewhore's Avatar
    Join Date
    Sep 2005
    Location
    The dark disturbing corner of your mind
    Posts
    4,756

    Default

    So - core inflation covers anything that is not going up in price?

  4. #4

    Lord of Ruin

    Diver is NOT a disguised employee

    Diver's Avatar
    Join Date
    Jun 2007
    Location
    Wales
    Posts
    22,873

    Default

    Quote 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

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •