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Inflation is only 2%

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    #11
    Originally posted by BrilloPad View Post
    but is not the cost of transport going up? what is the inflation rate for each of those 4 above?
    You're not thinking properly, citizen. The cost of using the bus is falling, i.e. the cost of petrol/diesel is a relatively small part of the calculation of the cost of transport. Indeed it is three items (including engine oil) out of 30, which includes such things as the EuroTunnel fare, which is used by most people on a daily basis I'm sure you will agree.

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      #12
      The point is you can massage figures to prove any point you like. As far as inflation is concerned, it must be trickling through to even the red top readers now that the CPI is pretty much made up to suit a purpose...

      Older and ...well, just older!!

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        #13
        Originally posted by ratewhore View Post
        The point is you can massage figures to prove any point you like. As far as inflation is concerned, it must be trickling through to even the red top readers now that the CPI is pretty much made up to suit a purpose...

        Absolutely, and far more eloquently put than my bus fare / EuroTunnel example. You could double the price of petrol and it would scarcely register in the CPI figures as it is only one item among hundreds of largely more price stable items.

        The fact that you buy petrol every week and only use the EuroTunnel once in a blue moon is neither here nor there as far as the official statistics go. Perhaps you should use your car less and the EuroTunnel more, then your personal inflation rate wouldn't be so high is the reasoning at the centre.

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