Tradefair & Financials
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17 Jul 12
11:53
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28 Jun 10
Inflation fell sharply last month in line with economists predictions. The Consumer Price Index (CPI), fell from 2.8pc to 2.4pc, and the Retail Price Index (RPI) also fell from 3.1pc to 2.8pc.
Azad Zangana, European Economist at Schroders said "Although the fall in the price of petrol and diesel made a significant contribution, clothing and footwear made the largest contribution overall. Indeed, the fall clothing and footwear was twice as large as the next largest fall in month on month inflation since the CPI was launched in 1996."
Last month, a sharp drop in commodity and oil prices paved the way for the smallest rise in fuel prices since October 2009, dragging down the headline inflation rate.
The tsunami got me in the end.
Azad Zangana, European Economist at Schroders said "Although the fall in the price of petrol and diesel made a significant contribution, clothing and footwear made the largest contribution overall. Indeed, the fall clothing and footwear was twice as large as the next largest fall in month on month inflation since the CPI was launched in 1996."
Last month, a sharp drop in commodity and oil prices paved the way for the smallest rise in fuel prices since October 2009, dragging down the headline inflation rate.
The tsunami got me in the end.
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Replies: 5
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I wonder if The Baron Of Bullshiit thinks I misquoted him on that one as well?
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The only thing you are drowning in is the sh1t you keep putting up here ever since you showed up.
Get someone to push your wheelchair from the Harlequin romance section of your local library to the economics and finance section. Look up something called hedonics, then something called "weight-outs" and finally something called "fade-outs". Then all kinds of lights will go on for you, and your alter ego carlos, as to why you are now feasting on dog food to make ends meet. Let me know when you want me to wipe my a$$ with you again. |
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Dance for me Melly. Disaster averted. I was waving and not drowning.
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inflation- it ain't happening   but but but melly said money printing will cause a tsunami of inflation. derrrrrrrrrrrrrrrrrr another epic fail melly.another . |
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one for melly
http://www.youtube.com/watch?v=kcc_KAhwpa0 |