Quote:
Originally Posted by coolguy
I don't understand how the CPI and RPI remain at around 1.0% when everyday items rise by 5-10%. As an example my rates have just risen by 12%, and the weekly food shop by 5%.
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Some of the ludicrous items in the inflation shopping basket don't reflect the true rise in food costs, council tax, fuel, rent or a host of other essentials that hit you in the pocket. Among other things added to it this year are tracksuit bottoms, dumbbells, smart watches, cappuccino sachets and (unbelievably) "cocktails in a can."
Now call me cynical, but I can't help feeling this is a way to keep the - supposed - inflation rate artificially low.
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