MSE News: Inflation falls but prices still rising fast

Former_MSE_Helen · 15 November 2011 at 11:08AM

This is the discussion thread for the following MSE News Story:

"Inflation figures fell last month as the increase in the cost of living eased, official figures reveal today ..."

Read the full story:

Inflation falls but prices still rising fast

This thread is not in the 'discuss house prices and economy board' as that is only open to those logged into the forum so anyone coming from the news story may not be able to see it.

rookie_2 · 15 November 2011 at 2:07PM

What is the figure for RPIX [Retail Price Index (RPI) excluding mortgage interest payments]. Difficult to find on the new 'National statistics online' site.

Pincher · 15 November 2011 at 2:24PM

I thought if I bought some Index linked National Savings Bonds, God or some joker like that would bring down inflation to spite me. Instead, I am being rewarded with inflation+1%. Damn Him.

Sceptic001 · 15 November 2011 at 2:55PM

rookie wrote: »

What is the figure for RPIX [Retail Price Index (RPI) excluding mortgage interest payments]. Difficult to find on the new 'National statistics online' site.

The new ONS website is indeed a nightmare :mad:. It is no longer possible to bookmark pages of inforrmation as they change every month. Also you cannot read information in a browser but have to download and then open in xls, pdf or whatever. The best I can offer is this link for October data http://www.ons.gov.uk/ons/publications/re-reference-tables.html?edition=tcm%3A77-223904 which will enable you to download an xls spreadsheet. RPIX is in table 38.

LardyCake · 15 November 2011 at 5:27PM

So the rate fell slightly because food was cheaper because of good harvests and supermarket "price wars" - doesn't sound like the start of a sustainable trend to me.

Consumerist · 15 November 2011 at 10:08PM

rookie wrote: »

What is the figure for RPIX [Retail Price Index (RPI) excluding mortgage interest payments]. Difficult to find on the new 'National statistics online' site.

RPIX October 2011 was 237.4
RPIX October 2010 was 224.9
RPIX annual change: + 5.6%

You can bookmark <this ONS page> and then download the info you want from there. If you are into spreadsheets, download "CPI and RPI Detailed Reference Tables" from the data section (RPIX is table 38 of the downloaded xls file) or else try the "Consumer Price Indices: Detailed Briefing Note" from the Publications section

I agree with Sceptic001, that it's more of a trial than it used to be.

MSE News: Inflation falls but prices still rising fast

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