The services and core CPIH annual inflation rates were unchanged in October 2022 at 5.3% and 5.8%, respectively.
Core inflation is without energy and food.
The services and core CPIH annual inflation rates were unchanged in October 2022 at 5.3% and 5.8%, respectively.
Core inflation is without energy and food.
Good job none us need luxuries like energy and food then isn’t it………
What is the RPI rate, then?
CPI is a typical New Labour trick statistic. I bet Val Dingleton can explain how it reallly works to Murphy.
Singleton
Of course
Point is that CPI Core is lower than CPI as it excludes energy and food. Which implies energy and food inflation is higher than CPI. I can avoid a haircut. I can’t avoid heating and eating.
Andrew again
If Murphy gets his way you will be denied heating and increasingly food if your politics are sufficiently ‘neoliberal’ or ‘fascist’
5.8% inflation would have required emergency measures to reduce it in the ’50s, but I suppose that is fair to say that it is overwhelmingly a side-effect of price rises in energy and food.
Isn’t inflation all noise and expectations?