MSE News: Fuel and mortgages push inflation down

Former_MSE_Helen

"The retail prices index rate of inflation dropped in November, new ONS figures show..."

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Fuel and mortgages push inflation down




This thread is not in the 'discuss house prices and economy board' as that is only open to those logged into the forum so anyone coming from the news story may not be able to see it.

jobdone1

That so whats going on with the price of food then because as far as i can see on a daily basis the cost of food is getting ever more expensive. Not forgetting the rises in gas and electric.

Ectophile

According to the article, domestic energy prices aren't in the inflation figures yet because the prices have only just gone up.

Food's gone up because the lousy summer ruined a lot of crops. Petrol's gone down a bit. The two pretty much cancelled each other out.

kingstreet

The figure could also have dropped because an increase in the rate in October 2011 has now dropped off the end of the twelve month rolling period used for these stats.