TomandJerry
Well-known member
- Oct 1, 2013
- 12,833
Trending back up
Yes, it was expected/forecast to be 3.3%, but came in at 3.5%, not a big difference, but I think it can be seen to a bigger issue when inflation concerns are still pressing. Core inflation similarly above the forecast...A rise was expected, as you say.
The rise was "more than expected" according to that quote. Which was also the broad view from those 5Live pulled in to discuss this earlier.
I must have been one of the few who expected 3.5% and I 'm no economist.A rise was expected, as you say.
The rise was "more than expected" according to that quote. Which was also the broad view from those 5Live pulled in to discuss this earlier.
Those pesky water bills! Who privatised water FFS!
Anyway, you need to make as much hay out of this as you can as it's only temporary.
Inflation may sit above 3% for some months - but economists say effects likely temporary. BBC
Go!
The NIC increase is going to have an effect throughout the next year as well. Increasing labour costs by about 2.5% is bound to drive annual inflation rates up for the next 12 months.https://www.theguardian.com/busines...ation-jumps-higher-than-expected-energy-bills
"Inflation in the UK jumped by more than expected last month to 3.5% – its highest rate in more than a year – after dramatic increases in water bills, energy costs and council tax."
On this issue, I see that Musk's minions are drawing their own conclusions [deleted]This should be reassuring news for Sir Kier as another man has been arrested for suspected arson on his properties .
It's a tough enough job turning the country around after 14 years of the Tories and brexit and the last he needs right now is concerns over his personal safety so good work from the police investigating these crimes
By coincidence it seems all 3 suspects have been reported to have been Ukrainian born with 2 being builders and aspiring models . No news yet over the occupation of the 3rd man arrested today so best not to speculate.
https://www.bbc.co.uk/news/articles/cvg78zw7yqyo
Best to just stick to the facts as reported by trusted news sources rather than speculate I would suggestOn this issue, I see that Musk's minions are drawing their own conclusions [deleted]
Are we allowed to say what Musk's minions think the latest conspiracy is?
As matey said in Die Hard, 'Just the fax'.On this issue, I see that Musk's minions are drawing their own conclusions [deleted]
Are we allowed to say what Musk's minions think the latest conspiracy is?
I was merely correcting the "Really not sure why it was unexpected" comment. I'm not trying to score petty political points - I'll wait for the WFA U-turn for that.Yes, it was expected/forecast to be 3.3%, but came in at 3.5%, not a big difference, but I think it can be seen to a bigger issue when inflation concerns are still pressing. Core inflation similarly above the forecast...
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As you say, it's (partially) temporary - especially the water (and energy) bills and higher Airfares due to a late Easter.Those pesky water bills! Who privatised water FFS!
Anyway, you need to make as much hay out of this as you can as it's only temporary.
Inflation may sit above 3% for some months - but economists say effects likely temporary. BBC
Go!
Agreed totally. Just like growth was unexpectedly higher, this too is higher than envisaged. Whether it's a trend will take a few months to work out.I was merely correcting the "Really not sure why it was unexpected" comment. I'm not trying to score petty political points - I'll wait for the WFA U-turn for that.
A rise in inflation was absolutely expected. But not quite as high as has been recorded.
Agreed totally. Just like growth was unexpectedly higher, this too is higher than envisaged. Whether it's a trend will take a few months to work out.
The wfa u-turn as commented in the media yesterday (and confirmed at PMQs today) seems to be amending the threshold.
It has been a policy failure. I only hope that they revision is clear about what it is, what it isn't and how it will continue to be reviewed
It's not a U-Turn though is it. It's amending the threshold after further consideration. A u-turn would be to completely scrap the scrapping.
They refused, repeatedly, to make such a change despite widespread calls from many organisations and charities that work to support the very poorest in our society, including the elderly who were hit by this.It's not a U-Turn though is it. It's amending the threshold after further consideration. A u-turn would be to completely scrap the scrapping.
It's not a U-Turn though is it. It's amending the threshold after further consideration. A u-turn would be to completely scrap the scrapping.
It's not a U-Turn though is it. It's amending the threshold after further consideration. A u-turn would be to completely scrap the scrapping.
Is it though?That’s the problem with people such as yourself that see everything through the prism of party politics.
You talk about ‘making hay’ but the real point is that this is bad for the economy, bad for business and bad for everyone - especially those on the lowest incomes.
I don’t give a t*ss what colour the chancellor is but I would like one with a basic grasp of economics and (god forbid) with a smattering of social conscience.