Is your calculator broken? #inflation #CPI


Inflation & Gold

Inflation & Gold (Photo credit: Paolo Camera)

Inflation falls to 26-month low – UK, Local & National – Belfasttelegraph.co.uk.

According to the latest CPI figure, inflation has fallen to 3% in April it’s lowest level since 2010. Apparently lower air fares are one constituent of this fall.  Something to do with the timing of Easter?

Not much solace if you’re unemployed and can’t afford  to jet off on holiday. In any case I can tell you that as in most years, air fares are hiked through the roof during Easter and the school holidays. No matter what time of the year Easter falls, the airline companies have an unerring ability to consult their calendars and ramp up air fares accordingly!

Of course the taxman benefits too.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: