Inflation rates to double

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

shaunbhoy replied

10 January 2013, 14:17
Originally posted by Mich the Tester View Post

Oh tulip; now I have to choose between AtW and Robinho as resident eckonommick gooroo.

Good luck.............Hobson!!
Leave a comment:
Robinho replied

10 January 2013, 13:41
Originally posted by Mich the Tester View Post

Oh tulip; now I have to choose between AtW and Robinho as resident eckonommick gooroo.

Lord knows you can't choose yourself.
Leave a comment:
Mich the Tester replied

10 January 2013, 10:25
Oh tulip; now I have to choose between AtW and Robinho as resident eckonommick gooroo.
Leave a comment:
AtW replied

10 January 2013, 10:01
Originally posted by ctdctd View Post

They can just keep using their existing tried and tested system.

FTFY
Leave a comment:
ctdctd replied

10 January 2013, 09:58
Originally posted by AtW View Post

That would make life hell for Bank of England - trying to pick the right inflation correctly to justify printing lots of money is not an easy job ...

They can just keep using their existing tried and tested system.
Leave a comment:
BrilloPad replied

10 January 2013, 09:56
Originally posted by AtW View Post

That would make life hell for Bank of England - trying to pick the right inflation correctly to justify printing lots of money is not an easy job ...

They have hardly been taking any notice of the current measure of inflation.
Leave a comment:
eek replied

10 January 2013, 09:56
Originally posted by AtW View Post

That would make life hell for Bank of England - trying to pick the right inflation correctly to justify printing lots of money is not an easy job ...

For highest inflation rates RPI will always win. And as its what pension funds and others are stuck with the BofE will continue to use it.
Leave a comment:
AtW replied

10 January 2013, 09:54
That would make life hell for Bank of England - trying to pick the right inflation correctly to justify printing lots of money is not an easy job ...
Leave a comment:
Robinho replied

10 January 2013, 09:45
They're all lies anyway.

In the long run this graph will tell you all you need to know.
Leave a comment:
eek replied

10 January 2013, 09:44
Originally posted by BrilloPad View Post

So you mean the number of measures of inflation is to double - not the rate?

A pity really.....

Given the fundamental flaw in the RPI calculation I think it would be near impossible to create an inflation formulae which gave a higher figure than RPI.
Leave a comment:
BrilloPad replied

10 January 2013, 09:40
Originally posted by VectraMan View Post

This was on the telly this morning. The government has decided not to mess with the RPI, despite it being condemned as "not meeting international standards" and have instead decided to add a new version of it called RPI-J, from the same data but using different maths. This is in addition to the new version of CPI, CPI-H which includes the cost of housing.

So now we have four different measures of inflation to choose from instead of just two.

BBC News - Inflation: No change to RPI calculation

So you mean the number of measures of inflation is to double - not the rate?

A pity really.....
Leave a comment:
VectraMan started a topic Inflation rates to double

10 January 2013, 09:38
Inflation rates to double

This was on the telly this morning. The government has decided not to mess with the RPI, despite it being condemned as "not meeting international standards" and have instead decided to add a new version of it called RPI-J, from the same data but using different maths. This is in addition to the new version of CPI, CPI-H which includes the cost of housing.

So now we have four different measures of inflation to choose from instead of just two.

BBC News - Inflation: No change to RPI calculation
Tags: None