Monday, 21 March 2011

Inflation, Inflation, Inflation.

Hi all,

With the UK Consumer Price Index and Retail Price Index being announced on Tuesday and the Bank of England Interest Rate Minutes on Wednesday, I thought it would be very topical to mention inflation.


Thanks to raising food prices and fuel costs, it seems a few nations are experiencing rising inflation ahead of their targets. In the UK, inflation is currently double the Bank of England's target of 2 percent, if the figure is still unchanged or has increased on Tuesday, the Bank of England may take action by raising interest rates - which is bad for borrowers, especially those on tracker mortgages!


If you fancy checking out the inflation rates in different countries, the Telegraph have an excellent article:
http://www.telegraph.co.uk/finance/economics/8389042/Global-inflation-in-graphs.html


Regards, Sam
Posted by at

34 comments:

  1. SportsGuyBrandon20 March 2011 at 22:58

    Thanks for the link. Had a bunch of interesting information.

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  2. Anonymous20 March 2011 at 23:17

    thanks for the link, was informative :)

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  3. OIC20 March 2011 at 23:20

    a lot of fluctuation in india...

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  4. Liquid20 March 2011 at 23:26

    great information,tnx for the share

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  5. frameaj120 March 2011 at 23:30

    Cheers for the link, petrol/food prices are getting out of control at the moment. Bring on the water car :P

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  6. Arcita21 March 2011 at 00:01

    very informative.

    following.

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  7. tortoracer21 March 2011 at 00:12

    if a few buisnesses just got together and kept their prices low, then they could stop inflation...am i right?

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  8. Jay21 March 2011 at 00:21

    nice link. there really is never a good time for too much inflation. :(

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  9. Bassislv21 March 2011 at 00:24

    interesting stuff, going to read the article, thanks

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  10. Erika21 March 2011 at 00:36

    Those rates are so ridiculous.....

    Followed.

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  11. Quick Reads21 March 2011 at 00:43

    DAmn... that's interesting. Following sir.

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  12. Picnaster21 March 2011 at 00:44

    Inflation is goona rape us. Be aware. BTW I hate Moddy's credit ratings..
    They suck. Followd+

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  13. Lazy The Kid21 March 2011 at 01:11

    Time to raise interest rates to keep a short leash on inflation.

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  14. The Laughing man21 March 2011 at 01:19

    Scary how bad the economy is going

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  15. Pyrockk21 March 2011 at 02:05

    interesting... following for more

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  16. Chris21 March 2011 at 02:46

    Inflation of food prices was the camel that broke the straw for the Egyptians, causing them to revolt.

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  17. OFCHokkaido21 March 2011 at 02:51

    Well the economy is supposed to start recovering in a year, so we can only hope

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  18. Jessica Thompson21 March 2011 at 03:23

    How do you think we as investors should act on this?

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  19. Lhosreiff21 March 2011 at 05:25

    Fuck inflation.

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  20. Josh21 March 2011 at 07:42

    Crazy stuff. Great read.

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  21. Patti D.21 March 2011 at 10:20

    Thanks for reminding me this! now I'm depressed.

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  22. Choms133721 March 2011 at 10:43

    nice post :) very nice :)

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  23. CandleintheDark21 March 2011 at 11:13

    I read another article talking about the inflation in the US also. It's hard to deny

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  24. jopjopjop21 March 2011 at 14:01

    inflation will burst at the seams

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  25. Football Maniac21 March 2011 at 14:11

    Great read. Thanks for sharing that website!

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  26. T. Banacek21 March 2011 at 16:18

    Very useful information!

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  27. Desuuuu21 March 2011 at 16:30

    The world is getting harder to live in a day after day :/

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  28. Fix PC Games Admin21 March 2011 at 18:23

    god damn inflation triple combo :D good info btw

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  29. elexerdelex21 March 2011 at 19:50

    I feel for the people with these tracker mortgages!

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  30. AForceNinja21 March 2011 at 21:09

    thanks for the info on inflation

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  31. Biff Tanner21 March 2011 at 22:31

    o god

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  32. notforeverybody21 March 2011 at 23:29

    If a tracker mortgage is the same as a flexible mortgage then thats not to way to go..ever.

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  33. steve22 March 2011 at 01:03

    the whole world is messed up right now!

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  34. Brut22 March 2011 at 02:47

    Inflation is definitely bad news bears.

    ReplyDelete

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