2023-11-15 07:36:04
Prices are still rising by 4.6%. [Link] NEEDS_MORE_RATINGS(2-3-14) Author
2023-11-15 07:40:42
Rishi Sunak said he had delivered on his pledge to halve inflation - though, again, it is important to say that economists had said inflation would fall below 5% this year before and independently of the pledge. [Link] NEEDS_MORE_RATINGS(8-2-11) Author
2023-11-15 07:43:01
The overall level of inflation has declined, however it is still 6.6% for services and core CPI (excluding energy, food, alcohol and tobacco is 5.7%, above the target. [Link] NEEDS_MORE_RATINGS(6-3-12) Author
2023-11-15 07:58:52
CPI (a standard way of measuring inflation) has fallen to 4.6% The Government's goal was to halve CPI from 10.7% last year However the fall in CPI is the responsibility of the Bank of England not the government & recent drops are due to a fall in energy prices not gov policy [Link] NEEDS_MORE_RATINGS(111-7-21) Author
2023-11-15 08:02:09
NNN. The post is a factually correct claim. The proposed community notes are irrelevant and contain content best suited to the comments section. NEEDS_MORE_RATINGS(11-1-10) Author
2023-11-16 13:15:19
While monetary policy is not the responsibility of the Government, other actions the government takes (borrowing, pay decisions, fiscal policy, trade policy, energy policy) do influence inflation. Claims that this is solely a Bank of England responsibility are in error. [Link] NEEDS_MORE_RATINGS(0-0-1) Author
2023-11-17 06:41:00
Because of the way CPI/RPI is calculated - comparing current prices in the current month with those 1 year ago, any increase that happened 13 months ago drops off the calculation It does NOT mean prices are falling , they are increasing at a slower rate AT THE HIGHER PRICE [Link] NEEDS_MORE_RATINGS(0-0-0) Author