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Debate House Prices


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2% it is..........

...........Inflation that is.:p
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Comments

  • purch
    purch Posts: 9,865 Forumite
    That Carney bloke is a !!!!!!! GENIUS :j
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    page13_tcm77-346914.png

    CPI = 2%
    RPI = 2.7%
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    What happened to the regular updates we used to get on petrol prices on here?

    Oh hang on...from November.
    Motorists are paying the lowest average petrol prices for more than two and a half years, according to the AA.

    The average price at the pump has fallen from 132.16p a litre in October to 130.44p.

    and from MSE towers yesterday..
    Asda will set a new national cap of 126.7p per litre for unleaded and 133.7p for diesel at its forecourts, while at Tesco – where prices vary by location – the price of petrol and diesel will drop by up to 2p per litre at all of its forecourts.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    so prices reach an all time high again


    I paid £1.31 for petrol jan 2013
    and paid £1.31 for petrol last week
  • Intoodeep
    Intoodeep Posts: 1,673 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    Good news always attracts loads of posts on MSE I've noticed, its a bit like the gritted teeth of the BBC passing on such jollity.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    The pound is stronger. Reduces the import costs and so reduces inflation.

    This amonsgt other things, of course.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    The pound is stronger. Reduces the import costs and so reduces inflation.

    This amonsgt other things, of course.

    no prices are higher than they have ever been
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    CLAPTON wrote: »
    no prices are higher than they have ever been

    Well yes, that's because prices are still rising YOY.
  • BillJones
    BillJones Posts: 2,187 Forumite
    CLAPTON wrote: »
    no prices are higher than they have ever been

    What do you mean by the "no" at the start of your post? It is no contradiction to say that inflation is falling but that prices are at their highs, so what were you saying "no" to?
  • Frugalsod
    Frugalsod Posts: 2,966 Forumite
    Tenth Anniversary Combo Breaker
    While the official figures might be low they do exclude things that we cannot avoid like house prices and food is probably understated for many people, especially those on low incomes. Though if you buy the basket of goods that they use then your personal inflation rate will be 2%. Some will have a lower rate because of what they are buying. Some higher.
    It's really easy to default to cynicism these days, since you are almost always certain to be right.
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