We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Inflation falls to lowest in over 2yrs
Comments
-
-
Inflation doesn't work like that, you have got it wrong.Graham_Devon wrote: »Apparently one of the biggest reasons for the decrease is that the cost of flying was up 27% this time last year, whereas this year, it't "only" up 7%.
So that's ok!
Still, wonder if that bloke from the BOE is getting twitchy about his promise to us?!0 -
-
Graham_Devon wrote: »Really?
Pray tell. Please explain for me
What is your reasoning?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
-
It can certainly be a factor in the decrease since, by definition, a decrease in the rate of inflation means that prices are rising more slowly but, while the rate is positive, they are still rising.
Otherwise known as disinflation. Central banks main concerns is with the first derivative of inflation which ultimately dictates it's future absolute value, hence Merv's recent sanguinity about inflation.0 -
Please do not feed the Devon - it may become irrational0
-
First time ever, I have to disagree with Clapton. Inflation isn't 'prices'. It is the rate of change in prices. And DG is right. If the rate of increase in airfares is now 7% instead of 27% then ceteris paribus (oh, us bl**dy economists.... it means all other things being equal or same as before) then inflation will fall. That is, the rate of price increases will fall ie a decrease in the rate of inflation.
What is important, is how our wages, or savings rates, or borrowing rates compare to inflation - ie what the real rates are.0 -
grizzly1911 wrote: »And/or that the money isn't getting into circulation.
Perhaps it is just going into building bank balance sheets, to make up for the losses generated on bad loans, that effectively went east in consumption?
Thats what I think and the money will eventually go into circulation unless they reverse QE or raise rates to double digits
It is impressive they can keep inflation so low but I dont think its diminished at all just delayed and it'll arrive all at once
There is a singular price index kept somewhere and a floating daily sterling index. In 2005 it was 100 and its 83 today, so anything priced same as 2005 got 20% cheaper more or less0 -
the way some people on here go on about it, you'd think we're on the verge for abandoning the pound and trading in zimbabwean dollars instead...
i mean, 3% inflation - hardly third world, is it?'Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.'
GALATIANS 6: 7 (KJV)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards