Comments on: Britain gets deflation http://www.creditwritedowns.com/2009/04/britain-gets-deflation.html Sat, 21 Nov 2009 08:48:41 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: william http://www.creditwritedowns.com/2009/04/britain-gets-deflation.html/comment-page-1#comment-4893 william Tue, 21 Apr 2009 15:07:26 +0000 http://www.creditwritedowns.com/?p=7958#comment-4893 Very misleading title. You need to be better informed before you publish.<br><br>Excluding mortgages and the government's VAT cut last year the inflation rate would be more than 4%. Not quite something I would call deflation... Very misleading title. You need to be better informed before you publish.

Excluding mortgages and the government's VAT cut last year the inflation rate would be more than 4%. Not quite something I would call deflation…

]]> By: Edward Harrison http://www.creditwritedowns.com/2009/04/britain-gets-deflation.html/comment-page-1#comment-4892 Edward Harrison Tue, 21 Apr 2009 14:41:35 +0000 http://www.creditwritedowns.com/?p=7958#comment-4892 blooKat, I definitely discount the UK's CPI measure because it was brought in for the same reason that the U.S. uses owners equivalent rent to measure price values. Any consumer price index should include housing as this is the largest single item in anyone's budget. See my comments on the RPI in a <a href="http://www.creditwritedowns.com/2008/06/chart-of-day-uk-inflation.html" rel="nofollow">post from last year</a>. blooKat, I definitely discount the UK's CPI measure because it was brought in for the same reason that the U.S. uses owners equivalent rent to measure price values. Any consumer price index should include housing as this is the largest single item in anyone's budget. See my comments on the RPI in a post from last year.

]]> By: blooKat http://www.creditwritedowns.com/2009/04/britain-gets-deflation.html/comment-page-1#comment-4891 blooKat Tue, 21 Apr 2009 14:16:25 +0000 http://www.creditwritedowns.com/?p=7958#comment-4891 They are fiddling the figures on a massive scale. The UK Government's "preferred" measure of CPI (which has been quietly dropped) came in at 2.9% vs 2% target. CPI is also up on the February figure: 109.8 as opposed to 109.6, although down from peak of 110.3 in Sep 08. They are fiddling the figures on a massive scale. The UK Government's “preferred” measure of CPI (which has been quietly dropped) came in at 2.9% vs 2% target. CPI is also up on the February figure: 109.8 as opposed to 109.6, although down from peak of 110.3 in Sep 08.

]]> By: william http://www.creditwritedowns.com/2009/04/britain-gets-deflation.html/comment-page-1#comment-4741 william Tue, 21 Apr 2009 12:07:26 +0000 http://www.creditwritedowns.com/?p=7958#comment-4741 Very misleading title. You need to be better informed before you publish.<br><br>Excluding mortgages and the government's VAT cut last year the inflation rate would be more than 4%. Not quite something I would call deflation... Very misleading title. You need to be better informed before you publish.

Excluding mortgages and the government's VAT cut last year the inflation rate would be more than 4%. Not quite something I would call deflation…

]]> By: edwardnh http://www.creditwritedowns.com/2009/04/britain-gets-deflation.html/comment-page-1#comment-4739 edwardnh Tue, 21 Apr 2009 11:41:35 +0000 http://www.creditwritedowns.com/?p=7958#comment-4739 blooKat, I definitely discount the UK's CPI measure because it was brought in for the same reason that the U.S. uses owners equivalent rent to measure price values. Any consumer price index should include housing as this is the largest single item in anyone's budget. See my comments on the RPI in a <a href="http://www.creditwritedowns.com/2008/06/chart-of-day-uk-inflation.html" rel="nofollow">post from last year</a>. blooKat, I definitely discount the UK's CPI measure because it was brought in for the same reason that the U.S. uses owners equivalent rent to measure price values. Any consumer price index should include housing as this is the largest single item in anyone's budget. See my comments on the RPI in a post from last year.

]]> By: blooKat http://www.creditwritedowns.com/2009/04/britain-gets-deflation.html/comment-page-1#comment-4738 blooKat Tue, 21 Apr 2009 11:16:25 +0000 http://www.creditwritedowns.com/?p=7958#comment-4738 They are fiddling the figures on a massive scale. The UK Government's "preferred" measure of CPI (which has been quietly dropped) came in at 2.9% vs 2% target. CPI is also up on the February figure: 109.8 as opposed to 109.6, although down from peak of 110.3 in Sep 08. They are fiddling the figures on a massive scale. The UK Government's “preferred” measure of CPI (which has been quietly dropped) came in at 2.9% vs 2% target. CPI is also up on the February figure: 109.8 as opposed to 109.6, although down from peak of 110.3 in Sep 08.

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