Up *** Creek With A Lng Paddle
News0 min ago
Well done labour inflation down to 1.7% the lowest its ever been in years. Get ready for interest rates to fall. All going well dont you think ABs.
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For more on marking an answer as the "Best Answer", please visit our FAQ.The latest RPI covers 12 months- 9 months of Tories and 3 months of Labour. It's a fickle creature -the latest fallwas mainly the result of downward effects from air fares and petrol/deisel. It'll probably pick up again following the October energy price cap increase and as the effect of public sector and train driver pay settlements feed through, but let's hope it stays low and prompts an unterest rate cut. It'll be interesting to see whether the goverenment uses this figure to uprate benefits.
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