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Debate House Prices


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Good news, inflation down.

shortchanged_2
shortchanged_2 Posts: 5,546 Forumite
in Debate House Prices & the Economy
http://www.bbc.co.uk/news/business-15733539

Some welcome news just announced that inflation has dropped from the horrendous level of 5.2% to 5% for October.

Great, everything is cheaper. :rotfl:
Why are we here?......................because we are not all there.
«134

Comments

  • worldtraveller
    worldtraveller Posts: 14,013 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    As expected, although only a small decrease at this point, I believe it will continue to fall now for the rest of this year and into next.
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
  • lilac_lady
    lilac_lady Posts: 4,469 Forumite
    Wonderful! What will we do with all the extra money that we'll have in our pockets?
    " The greatest wealth is to live content with little."

         Plato


  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    lilac_lady wrote: »
    Wonderful! What will we do with all the extra money that we'll have in our pockets?

    Well I'm going to treat myself to a kingsize Mars for a change. Bring on the good times. :)
    Why are we here?......................because we are not all there.
  • reweird
    reweird Posts: 281 Forumite
    shortchanged wrote: »
    http://www.bbc.co.uk/news/business-15733539

    Some welcome news just announced that inflation has dropped from the horrendous level of 5.2% to 5% for October.

    Great, everything is cheaper. :rotfl:

    Not the sharpest tool in the box are you. But a tool nonetheless.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    reweird wrote: »
    Not the sharpest tool in the box are you. But a tool nonetheless.

    Care to explain.
    Why are we here?......................because we are not all there.
  • Loopgames
    Loopgames Posts: 805 Forumite
    shortchanged wrote: »
    Care to explain.

    Lol - I hope you understand that prices are NOT cheaper if inflation is lower. I hope you realise that prices are only cheaper if it's a DEFLATION.


    If not - now you do. Reread the article carefully.

    "Falls in the price of food, air transport and fuel helped to push the inflation rate lower. [cont'd]...."

    It's still increasing only this month it's increased to 5% instead of 5.2%

    However the 'RATE' of increase in inflation has decreased this month.
  • reweird
    reweird Posts: 281 Forumite
    Loopgames wrote: »
    Lol - I hope you understand that prices are NOT cheaper if inflation is lower. I hope you realise that prices are only cheaper if it's a DEFLATION.


    If not - now you do. Reread the article carefully.

    "Falls in the price of food, air transport and fuel helped to push the inflation rate lower. [cont'd]...."

    It's still increasing only this month it's increased to 5% instead of 5.2%

    However the 'RATE' of increase in inflation has decreased this month.

    Thanks for explaining it to him. I'm horrified at the level of financial intellect of the bears. No wonder they rent.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Loopgames wrote: »
    Lol - I hope you understand that prices are NOT cheaper if inflation is lower. I hope you realise that prices are only cheaper if it's a DEFLATION.


    If not - now you do. Reread the article carefully.

    "Falls in the price of food, air transport and fuel helped to push the inflation rate lower. [cont'd]...."

    It's still increasing only this month it's increased to 5% instead of 5.2%

    Yes I do, hence the the laugh at the end of my comment. I must stop this sarcastic streak. :D
    Why are we here?......................because we are not all there.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    reweird wrote: »
    Thanks for explaining it to him. I'm horrified at the level of financial intellect of the bears. No wonder they rent.

    I didn't think you would get it. And by the way I don't rent numpty.
    Why are we here?......................because we are not all there.
  • Loopgames
    Loopgames Posts: 805 Forumite
    shortchanged wrote: »
    Yes I do, hence the the laugh at the end of my comment. I must stop this sarcastic streak. :D


    Yeah - it wasn't clear ..maybe it's the BBC who don't actually get it with their positive spin on this 'wonderful news'.
This discussion has been closed.
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