Inflation
Was reading in the paper about the proposed 2p per litre tax increase due shortly. Given that a 2p increase is roughly 2% and with a 2% increase on transport this effectively increases the price of everything transported by road by 2% of the transport cost within the items cost it seems to me to be a little silly that the Government requires the BOE to keep inflation down to a max of 2% when they're driving inflation up themselves.
|