Cable Forum - Inflation down

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Re: Inflation down

Shame RPI, which includes minor things like housing, hasn't budged.

Re: Inflation down

I'm sure I read that RPI also fell by 0.2% this month ...

Re: Inflation down

Quote:

Originally Posted by Chris (Post 35330676)

I'm sure I read that RPI also fell by 0.2% this month ...

Yes you are correct here you are:

Quote:

The rate of Consumer Prices Index (CPI) inflation in the UK fell slightly to 5% during October, down from a rate of 5.2% the month before.

Falls in the price of food, air transport and fuel helped to push the inflation rate lower.

Despite the drop, the rate still remains well above the Bank of England's target of 2%.

Retail Prices Index (RPI) inflation - which includes mortgage interest payments - also fell to 5.4% from 5.6%.

http://www.bbc.co.uk/news/business-15733539

Re: Inflation down

Quote:

Originally Posted by Damien (Post 35330348)

http://www.bbc.co.uk/news/business-15733539

.

When I read food helped its fair to say that part is temporary.

Tescos big price drop came to a sudden halt last week as everything shot up in price again. So it lasted a few weeks only.