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Inflation down to 2.2%

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  • nilrem_2
    nilrem_2 Posts: 2,188 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    CLAPTON wrote: »

    I've just checked : a year ago I was paying 1.37 for petrol
    and last week I paid 1.29

    And I wouldn't mind betting that in a few months time you will be paying £1.37 again!

    Petrol prices did go down to as low as £1.25 per litre around here but they are already on the up, I honestly don't thing petrol prices a good indicator of inflation or deflation.

    Petrol prices fluctuate daily at the whim of speculators and oil companies. :)
  • srcandas
    srcandas Posts: 1,241 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker
    So to sum up thread progress so far:

    We want the government to stop announcing fiddled inflation.

    And so:
    • they must not include any modern electronic or communication devices (especially anything with Plasma in the name :().
    • they must not include any thing that has a volatile price that might change short term. Presumably that includes all fresh and seasonal food?

    and are we saying we shouldn't include any housing costs as these are atificially controlled by the government introducing lending schemes?

    ;)
    I believe past performance is a good guide to future performance :beer:
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