MSE News: Household bills rising faster than inflation, MSE Bills Tracker shows
Former_MSE_Megan_F
Posts: 418 Forumite
Household bills and expenses are rising faster than the rate of inflation, the latest MSE Bills Tracker shows...
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'Household bills rising faster than inflation, MSE Bills Tracker shows'
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'Household bills rising faster than inflation, MSE Bills Tracker shows'
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Comments
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Because they only care about maintaining profit margins. How they can justify 7% rises every year is beyond me.0
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The writer of the article needs to understand the differences between a quantity, the rate of change of the quantity, and the rate of change of the rate of change of the quantity. The graph clearly shows that the annual rate of increase of bills is 1.4%, but the annual rate of increase of the CPIH basket (i.e. the CPIH inflation rate) is higher at 2.2%. Therefore househould bills are rising more slowly than official measures of inflation.
What is actually happening is that the rate of increase of household bills is increasing, but that's something different entirely.0 -
FAKE NEWSHousehold bills and expenses are rising faster than the rate of inflation, the latest MSE Bills Tracker shows. Naomi Schraer, Editorial Assistant
FACT
Household bills and expenses are rising slower than the rate of inflation, the latest MSE Bills Tracker shows.
ETA - The news article has now been edited to remove the Fake News headline, but it still appears in Megan F's post #1
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Somewhere soon, a workforce will be offered a 2% pay increase with justification that "this is significantly higher than the annual increase in household bills as shown by MSE".
Maybe state pension/benefit increases should also be linked to household bills as shown by MSE.0 -
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