mowatt financial Planning

mowatt financial planning
Mowatt Financial Planning: Inflation

Wednesday, 18 January 2012

Inflation

The latest inflation figures from the Office of National Statistics show that inflation in December has fallen. The CPI has fallen to 4.2% from 4.8% in December and the RPI has fallen to 4.8% down from 5.2%.

The biggest downward contributors to this change are petrol, gas and clothing with the only upward pressure being from landline and mobile phone charges. Of course prices are still going up, only not as quickly.

We can expect a further fall in January when the effect of the VAT increase has been included for a full year.

No comments:

Post a Comment

 
Mowatt Financial Planning Limited is authorised and regulated by the Financial Services Authority.
Registered in England and Wales No: 6909105. Registered office: Old Coach House, Kay's Bank, Husthwaite, North Yorkshire YO61 4PB
The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK