[Bonnyboy]

Originally Posted by [email protected]

There are 2 'price indexes'
Consumer price index and retail price index
Reading this link should explain the difference
National Statistics Online - Economic

but it leaves me clueless

Cheers Margaret. Seems it’s an annual figure.

Looks like the 3.8% relates to the Consumer Price Index with an apparent rise of 0.7% on the month ( seems far higher to me as just about everyone else) That’s the figure the Bank of England is supposed to meet.

The Producer Price Index looks a bit gloomy. That’s running at an increase of 2.3% on the month which they say equates to 30.3% on the year….wait while that gets passed on to us as it no doubt will

I'm just assuming I'm reading things right, complex stuff innit