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Difference between CPI and RPI
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... and real inflation is probably running closer to 10%. Does anyone believe that their outgoings have only gone up 2.5% or 4.1% over the last 12 months?
If your inflation is up at 10% then you must live a life of eating and driving.
Even council taxes are only rising at 4%, cigarettes at 2%, alcohol around 6% and furniture is around zero.
Of course big ticket items are well below zero.0 -
Don't forget if mortgage interest costs fall then it's very possible that RPI will go below CPI.Benefits_Blagger wrote: »My benefits go up by RPI, public sector workers goes up by CPI, RPI is always higher. at some point in the future benefits will pay more than working in the public sector.0
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