Inflation Inflation Inflation

lvader

All they would need to do is sell (more) government debt without actually giving the goverment the money.

Milarky

http://www.rateinflation.com/inflation-rate/uk-historical-inflation-rate.php?form=ukir

Gives figures for a number of years

Shows annual changes to full accuracy [not just nearest '0.1'%]

I wanted an inflation rate for some time in 2002 - it gave me figures for every month

Now try finding this level of data on the ONS site without sweating blood!

SnowMan

Find this a good source also for annual inflation indices (RPI and CPI) and index figures, as well as pension revaluation orders etc.

http://www.watsonwyatt.com/europe/pubs/statistics/

JamesU

Inflation figures only accurate if ONS gets them right though. And if they happen to get them wrong do they get revised? Well not really, but at least they get told off by the BoE.

http://www.bbc.co.uk/news/business-12509488

JamesU

Milarky

JamesU wrote: »

Inflation figures only accurate if ONS gets them right though. And if they happen to get them wrong do they get revised? Well not really, but at least they get told off by the BoE.

http://www.bbc.co.uk/news/business-12509488

JamesU

'Rubbery Prices'? See my favourite examination of this phenomenon: 'Fuzzy Numbers' on YouTube

(O_N_S = B_L_S?)

C_Mababejive

To learn about the folly of saving,go here

http://www.h-l.co.uk/news/inflation-calculator

The answer..? Earn it today,spend it tomorrow,save only a very little.

Loughton_Monkey

C_Mababejive wrote: »

To learn about the folly of saving,go here

http://www.h-l.co.uk/news/inflation-calculator

The answer..? Earn it today,spend it tomorrow,save only a very little.

Phew!

I've just looked up my Graduate Starting Salary from 1972 - which was 'OK' at the time, and find that today it is worth about £14,250.

Graduate kids these days, I find, from Google, are about £24K.

Let no-one tell you that today's salaries are worse than us so-called 'baby boomers'. I could probably have got Houseing Benefit today!

b^gger

JamesU

Loughton_Monkey wrote: »

Let no-one tell you that today's salaries are worse than us so-called 'baby boomers'. I could probably have got Houseing Benefit today!

My history teacher said there was 144 pennies in the pound around then. So baby-boomers never had it so good. That's 45% more spending power init?

JamesU

ps2659

JamesU wrote: »

My history teacher said there was 144 pennies in the pound around then. So baby-boomers never had it so good. That's 45% more spending power init?

JamesU

I think your history teacher is wrong I am sure its 240 old pennies in the pound.;)

JamesU

ps2659 wrote: »

I think your history teacher is wrong I am sure its 240 old pennies in the pound.;)

Well spotted! used to bunk maths. Not too good on % either.

JamesU