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RPI estimate for next publication date (24th March)

2

Comments

  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    My prediction...

    cpi 2.1%
    rpi -1.1%
  • pjbltd
    pjbltd Posts: 214 Forumite
    Much lower, RPI estimate -5%
  • mike22
    mike22 Posts: 65 Forumite
    Can someone explain this in plain English please?
  • pjbltd
    pjbltd Posts: 214 Forumite
    Hi Mike22 We're estimating what the percent change in inflation will be from March08 to March09.
  • john_s_2
    john_s_2 Posts: 698 Forumite
    CPI: 1.3%
    RPI: -0.4%

    EDIT: decided my initial estimate of 0.8% for CPI was too low. The above is still 'sticking my neck out' compared to others' estimates.
  • paulw19
    paulw19 Posts: 21 Forumite
    Part of the Furniture Combo Breaker
    Does anybody know how a negative RPI would affect student loan repayments? RPI is the basis for interest on these loans....
    :beer:
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    paulw19 wrote: »
    Does anybody know how a negative RPI would affect student loan repayments? RPI is the basis for interest on these loans....

    We don't know yet. Of course the rules state that the interest should go negative but more than likely they will set it at 0%.
  • isofa
    isofa Posts: 6,091 Forumite
    paulw19 wrote: »
    Does anybody know how a negative RPI would affect student loan repayments? RPI is the basis for interest on these loans....

    According to some of the Sunday broadsheets, you'd be getting extra money!
  • isofa
    isofa Posts: 6,091 Forumite
    6022tivo wrote: »
    I think i have some ns and i rpi linked stuff which is probably useless..
    TREVORCOLMAN wrote: »
    Unfortunately you are paying for those who live on the "never never"

    If you are talking about Index Linked Savings Certs. for example you'll still be getting the % interest + a fixed 0 of RPI (it can never drop below zero even when RPI does).

    So for example if you took out an Index Linked Savings Cert last year at 1.35% + RPI, then if RPI falls to -1% this week, you'll still be getting 1.35% on the certificate.
  • john_s_2
    john_s_2 Posts: 698 Forumite
    paulw19 wrote: »
    Does anybody know how a negative RPI would affect student loan repayments? RPI is the basis for interest on these loans....
    Radio 4's Moneybox had an article on all the RPI linked products (benefits, pensions, NSI Certificates) and Student Loans was the only one they couldn't give a definite answer to. Apparently the powers-that-be will be giving an answer "at the appropriate time" (IIRC).
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