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

24

Comments

  • purch
    purch Posts: 9,865 Forumite
    The pound is stronger. Reduces the import costs and so reduces inflation.

    In January 2013 GBP/EUR was 1.20, and in January 2014 GBP/EUR is 1.20. ;)
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    wotsthat wrote: »
    What happened to the regular updates we used to get on petrol prices on here?

    Oh hang on...from November.



    and from MSE towers yesterday..

    Happy to help:D

    My local supermarket operated forecourt has stayed resolutely at £1.40 +/- 1p throughout.

    I have been filling up when our and about at Asda if possible. Interesting that my local Asda 14 miles away, down a main road, can be 7p cheaper.

    They did point out that this months inflation figures are against a high base from 12 months ago.

    Like all things in life it depends on your personal circumstances.
    "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 Muruganantham
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    BillJones wrote: »
    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?

    what don't you understand?
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Rate rises... No chance.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 14 January 2014 at 11:31AM
    purch wrote: »
    In January 2013 GBP/EUR was 1.20, and in January 2014 GBP/EUR is 1.20. ;)

    What about the rest of the currencies ;)

    It's not just me saying this, the EY item club, for example cites it as one of the reasons for the fall in inflation. Not sure why i need to back myself up on every point, but hey, heres the backup!
    Andrew Goodwin at the EY ITEM Club said that a combination of 'pre-Christmas discounting and a stronger pound appears to have been key to pushing inflation down, offsetting the effects of higher energy bills'.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    wotsthat wrote: »
    What happened to the regular updates we used to get on petrol prices on here?

    126.9 :beer:


    And just renewed insurance fully comp for 15% less than last year. :beer:
    Don't blame me, I voted Remain.
  • purch
    purch Posts: 9,865 Forumite
    Not sure why i need to back myself up on every point, but hey, heres the backup!

    If I were you I'd tell your mate Andrew Goodwin to go check his charts.

    He's letting you down mate :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    It's not just me saying this, the EY item club, for example cites it as one of the reasons for the fall in inflation. Not sure why i need to back myself up on every point, but hey, heres the backup!

    At the risk of putting words in your mouth you seem to be saying that, despite years of moaning about inflation being above target, you're still not quite happy because the target has been achieved in the 'wrong' way?
    The pound is stronger. Reduces the import costs and so reduces inflation.

    This amonsgt other things, of course.

    Sterling is in the same place as 12 months ago against both $ and € so those 'other things' had quite an influence.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 14 January 2014 at 1:13PM
    wotsthat wrote: »
    At the risk of putting words in your mouth you seem to be saying that, despite years of moaning about inflation being above target, you're still not quite happy because the target has been achieved in the 'wrong' way?
    .

    Blimey - you're trying to hard!

    "At the risk of putting words into my mouth"? Risk!? It's so blatant that you've done exactly that, even you felt you had to note you may be making up a position and attaching it to me!
  • michaels
    michaels Posts: 29,238 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    mayonnaise wrote: »
    126.9 :beer:


    And just renewed insurance fully comp for 15% less than last year. :beer:
    Our car insurance is now getting so cheap it is hardly worth shopping around to save another tenner.
    I think....
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