"Cost of living falls.."

[Corsair7]

I've heard this said numerous times today with reference the reduction in the inflation rate (mainly on the radio).

Why is it these reporters dont understand that slightly lower inflation figures does not equal a cost of living fall...?

Its only the rate of increase that has slowed, the cost of living is still increasing, especially when you factor in a lack of pay rises accross the board. The rate of inflation may have slowed, but we are far from deflation in the country, and people generally have less money to spend on items that are growing in price.

Makes you wonder if these journalists have any grip on reality.

[CaptainSensib1e]

Agreed. Much like journalists who confuse the budget defecit with the national debt. Is it really that difficult to understand the difference?

[Eric Mc]

Then only reports I heard today said exactly what you've just said - that this does NOT mean that inflation has stopped.

What are you listening too - Tellytubby News?

[Corsair7]

Eric Mc said:

Then only reports I heard today said exactly what you've just said - that this does NOT mean that inflation has stopped.

What are you listening too - Tellytubby News?

Various radio stations that play a lot of music between news bulitins. You know, like most people.

[Wills2]

Indeed, the rise in the cost of living has slowed.

[Big Al.]

Thread already running here

http://www.pistonheads.com/gassing/topic.asp?h=0&a...