Negative inflation: -0.1% (2 Viewers)

[Alan Dugdales Moustache]

First time in 60 years.

Suddenly I feel better off than a few weeks ago. :sarcasm:

 

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[oakey]

Deflation is seriously bad news if it goes on for more than a few months.
most economists seem to be predicting a return to inflation soon followed by interest rises next year.

I still have the letter from around 1990 when the mortgage rate was 15%

 

[Jack Griffin]

Deflation is seriously bad news if it goes on for more than a few months.
most economists seem to be predicting a return to inflation soon followed by interest rises next year.

I still have the letter from around 1990 when the mortgage rate was 15%

Listening to what the bankers tell you?

This works OK for net savers, if you are in debt (like the Government) it is not so good is it!

 

[spwaverley4916]

is that figure CPI or RPI ??