Cable Forum - View Single Post - UK CPI inflation rate rises to 5.2% in September

Chrysalis · 19-10-2011, 19:56

Mervyn King is either incompetant or lieing out his teeth to justify keeping interest rates low.

How he can predict inflation to fall is beyond me. Especially when new cash injections are planned.

Also the basic cost of living is going up not just luxury goods, food, electric, gas, petrol, rents, water.

Tesco even managed to increase prices during a promotion.

19-10-2011, 19:56	#12
Chrysalis cf.mega poster Join Date: Sep 2003 Posts: 12,047	Re: UK CPI inflation rate rises to 5.2% in September Mervyn King is either incompetant or lieing out his teeth to justify keeping interest rates low. How he can predict inflation to fall is beyond me. Especially when new cash injections are planned. Also the basic cost of living is going up not just luxury goods, food, electric, gas, petrol, rents, water. Tesco even managed to increase prices during a promotion.