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Old 24-08-2023, 18:03   #12
jfman
Architect of Ideas
 
Join Date: Dec 2004
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Re: Virgin Media price rises break the law

Quote:
Originally Posted by Mr K View Post
VM are using RPI, the higher less accurate inflation measure( rather than the more accurate CPI), plus 3.9% for some reason. Are their costs going up higher than inflation? Customers are being asked to sign contracts with no idea what they will pay in future.
Even Mr Turpin wore a mask. Ofcom never caught up with him either....
RPI is by far the more accurate measure of inflation in the real world as experienced by the population at large.

CPI is selective to provide a lower value by excluding certain things - housing costs for example.
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