Tuesday, 22 March 2011

UK: CPI and RPI figures released


The CPI rose to 4.4% and the RPI rose to 5.5% both record breaking highs.

This may put the Bank of England under a lot of pressure to raise the interest rates. Tomorrow they'll be releasing their minutes to come back tomorrow for an update.


Regards, Sam

16 comments:

  1. Can you please post this in more baby language? I really have no clue what this means :(

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  2. Crazy times. Crazy information.

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  3. Yea, make it a bit simpler, or perhaps make a post explaining some of the terms, so we can keep up :P

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  4. high intrest is good with banks right?

    doesnt that mean more money when i deposit?

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  5. Thanks for the contributions, will do this in the next post.

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  6. hmmm... is that good news or bad new>

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  7. Thank you for sharing Sam, i think England's money is dying fast... :( sad news. And post the news tomorrow, will be reading too :)

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  8. Uh oh. I bet we'll see the implications of this soon

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  9. what? just as Jay.CA I don't know if this is good or bad lol

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  10. every country in the world is now saddled in debt. thanks to interest never going away it doesn't surprise me numbers are increasing. it's extremely scary stuff (

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