derek.snr Posted March 20, 2008 Report Share Posted March 20, 2008 council tax up 17% fuel up from 86p to 117p water rates up 16%,bread milk beer etc all up so where does this inflation rate of 2.5% come from .in the words of the great jim royal "my ar*e" Quote Link to comment Share on other sites More sharing options...
col s10 Posted March 21, 2008 Report Share Posted March 21, 2008 whats your point Quote Link to comment Share on other sites More sharing options...
pin Posted March 21, 2008 Report Share Posted March 21, 2008 The boring answer is the NAO only place "selected" goods in their baskets to produce the RPI (retail prices index) which is used to judge inflation. This is a virtual shopping basket which has "kinds of things" in it, on which they watch the price to give an idea of how things are changing. They only just got around to removing some very outdated stuff, and it seems like most government departments will never actually select anything much which gives a real picture of the stuff we all buy. Quote Link to comment Share on other sites More sharing options...
derek.snr Posted March 21, 2008 Author Report Share Posted March 21, 2008 whats your point i am skint Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.