|
UK November Inflation Drifts Higher - CPI 2.1%, RPI 4.3% |
| December 19th, 2007 under General. [ Comments: none ]
|
|
The governments measure of inflation rose in November
Source: Marketoracle
|
|
House prices drop 3.2% in November (6.8% in London) |
| December 17th, 2007 under General. [ Comments: none ]
|
|
Source: Telegraph
Editors Note: Most News Channels have decided to ignore this huge news.
House sellers are cutting prices at the fastest rate for five years in a further sign that the property market is set for a serious slowdown.
Asking prices have fallen by 3.2 per cent since November, according to data from Rightmove, a website that gathers information on nine out of 10 houses on the market.
Read more »
|
|
Eurozone inflation hits 6-year high |
| December 14th, 2007 under Inflation Stats. [ Comments: none ]
|
|
Eurozone inflation hit 3.1 per cent in November, the highest for more than six years, according to revised figures that will encourage the European Central Bank to keep talking tough on future interest rate moves.
Source: Financial Times Online
|
|
MPC drop interest rates .25 bp to 5.5% |
| December 6th, 2007 under General. [ Comments: none ]
|
|
MPC have caved into media pressure and cut rates to 5.5% despite the upside risks to inflation.
|
| |
