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    • Former MSE Helen
    • By Former MSE Helen 18th Dec 12, 10:07 AM
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    Former MSE Helen
    MSE News: Fuel and mortgages push inflation down
    • #1
    • 18th Dec 12, 10:07 AM
    MSE News: Fuel and mortgages push inflation down 18th Dec 12 at 10:07 AM
    "The retail prices index rate of inflation dropped in November, new ONS figures show..."

    Read the full story:

    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.

Page 1
    • jobdone1
    • By jobdone1 18th Dec 12, 10:54 AM
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    jobdone1
    • #2
    • 18th Dec 12, 10:54 AM
    • #2
    • 18th Dec 12, 10:54 AM
    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
    • By Ectophile 18th Dec 12, 7:45 PM
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    Ectophile
    • #3
    • 18th Dec 12, 7:45 PM
    • #3
    • 18th Dec 12, 7:45 PM
    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
    • By kingstreet 18th Dec 12, 10:03 PM
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    kingstreet
    • #4
    • 18th Dec 12, 10:03 PM
    • #4
    • 18th Dec 12, 10:03 PM
    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.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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