Tuesday 17 November 2009

Inflation leaps- before the VAT increases hits us..

John Redwood
"The inflation increase was the largest since August 1990, when our economy was being distorted by following the German currency. RPIX (Retail Price Index without housing) stormed above the growth of the CPI (Consumer Price Index, Mr Brown’s preferred measure), hitting an annual increase of 1.9% compared to 1.3% a month earlier. ..."

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