Debate House Prices
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MSE News: Interest rates held at record low
Former_MSE_Helen
Posts: 2,382 Forumite
This is the discussion thread for the following MSE News Story:
"Ofgem is to investigate energy prices after end of year results were this week revealed by five of the big six providers"
"Ofgem is to investigate energy prices after end of year results were this week revealed by five of the big six providers"
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Comments
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Did they really go up by 5.7% in one month? If so, that's shocking.The British Retail Consortium said food prices rose 5.7% in June - the highest rate for two-and-a-half years.
I'm hoping that it's a misprint and it's a 5.7% annual increase to June.0 -
Indeed. When you go to the horse's mouth it says:Food inflation accelerated to 5.7% in June from 4.9% in May.
Source
Using the logic implied in the MSE article we've experienced a 10.6% rise in food prices on the last 2 months alone (4.9% + 5.7%). At that rate, food prices will double inside 18 months.0 -
I knew I should have stocked up on some "long term" items a few months back. At least the base rate stays the same....for now.Debt at worst: £33000 (Feb 2011). Present debt: £25610 (Apr 2012)
Lloyds old (22.4%) = 560 (Dec 2012)0 -
ultrawomble wrote: »Indeed. When you go to the horse's mouth it says:
"Food Inflation accelerated to 5.7% in June from 4.9% in May"
Using the logic implied in the MSE article we've experienced a 10.6% rise in food prices on the last 2 months alone (4.9% + 5.7%). At that rate, food prices will double inside 18 months.
It's not the horse's mouth; it's the bull's rectum. The CPI and the RPI are government statistics. Treat them like all other government statistics. Ignore them.0 -
We want to keep low rates whatever the cost to savers.We love Sarah O Grady0
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some of us savers are still getting 5.5% and will be for a few more years yet...sibly you are a buffoon..It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
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