Tuesday, December 15, 2009

Inflation soars to 1.9% on rising fuel prices

No particular point to this post other than to observe that it's a funny old world where we get to see the headline "Inflation soars to 1.9%". That's the UK's Consumer Price Index. The Retail Price Index is a whopping 0.3%.

Japan is back in deflation, but no-one seems to care much, because our economy doesn't work along conventional lines anyway.

No comments: