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date: Tue, 14 Aug 2007 13:21:27 +0100,    group: uk.politics.economics        back       
So has inflation really dropped to 1.9% ?   
Or is this only a temporary effect of the economical power Tesco etc hold.
date: Tue, 14 Aug 2007 13:21:27 +0100   author:   David Johnson

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
On Tue, 14 Aug 2007 13:21:27 +0100, David Johnson wrote:
> Or is this only a temporary effect of the economical power Tesco etc hold.

  ... http://www.statistics.gov.uk/cci/nugget.asp?id=19

RPIX is 2.7pc.

My finger-in-the-air hobby economics view is that

 - The rate hike is working, people feel the money leaking out of their
   pockets in interest payments, so are spending less money on fun
   things - the statistics.gov.uk page citing consumer electronics pricing
   freezing. 

 - Petrol prices holding steady - I paid 93p a litre the other day, first
   smile I have had in weeks.



-- 
rgds, Andy Davidson                               Freelance keyboard jockey
                                                              www.andyd.net
date: 16 Aug 2007 14:02:07 GMT   author:   $andy$@nosignal.org (Andy Davidson)

Re: So has inflation really dropped to 1.9% ?   
"David Johnson"  wrote in message 
news:f9s6p2$6ro$2@custnews.inweb.co.uk...
>
> Or is this only a temporary effect of the economical power Tesco etc hold.

Where have you read that inflation is 1.9%?
Are you confusing inflation with the CPI calculation, or had it confused for 
you?

The Student Loan Company has stipulated 4.8% as its inflation based interest 
rate, yet according the the ONS, my own personal inflation rate is much 
higher.

If all you buy is represented by the CPI basket then yes, inflation has 
dropped to 1.9%, for you.

But as soon as you want to buy anything outside the CPI basket, you'll find 
that prices have altered dramatically, and will continue to do so.
date: Sat, 22 Sep 2007 21:30:38 +0100   author:   Sparkle

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