Originally posted by DimPrawn
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Nah, that must be all wrong. I heard on the radio only this morning the official inflation rate has crept up an alarming 0.1% to 2.6%
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Great news for the majority of the UK population looking for cheap houses:
Carol Flint reports on positive news for housing prices
Everything looks hunky dory.Leave a comment:
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Good news
http://news.bbc.co.uk/1/hi/business/7397850.stm
UK consumer inflation reached its highest level in 13 months driven by high food and fuel costs, according to the Office for National Statistics.
The Consumer Prices Index (CPI) hit 3% on a yearly basis in April, up from 2.5% in March. The monthly rate was 0.8%, the biggest leap since May 2001.
http://news.bbc.co.uk/1/hi/business/7397788.stm
Mortgage lending to home buyers has hit its lowest level for 33 years, according to figures from the Council of Mortgage Lenders (CML).
http://news.bbc.co.uk/1/hi/business/7397579.stm
The number of UK surveyors reporting falls in property prices has risen for the ninth month in a row.
In the latest survey from the Royal Institution of Chartered Surveyors (Rics), 95.1% more surveyors saw house prices fall than rise in April.
http://news.bbc.co.uk/1/hi/business/7396982.stm
Sales on UK High Streets fell for the second month in a row in April, according to figures from the British Retail Consortium (BRC).
Like-for-like sales fell 1.5% in April compared with the same month of 2007.
http://news.bbc.co.uk/1/hi/business/7395706.stm
UK factory gate prices and producers' costs rose at a record pace in April, official figures showed.
The Office for National Statistics said that output prices for sales of manufactured products rose at a rate of 7.5% in the year to April.
Input prices rose 23.3% over the year. Input and output prices are at their highest since records began in 1986.
NOT!
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