Monday, February 20, 2006

Im Rubbish at Maths

I am really terrible at Maths, and now I think I am losing the ability to add up...check this out

UK gas prices expected to rise 22%
UK Council Tax expected to rise 4%
Petrol prices set to rise again
UK Train fares set to rise again (4% I think. Phillip can probably tell us about bus fares)
Television License goes up again - I think its about 126 pounds now.

Yet UK inflation 'holds steady' at 1.9%.

How does that work then? I know inflation is worked out by a number of essential items in a 'shopping basket' and compared year on year (and I know gas prices are included) but how can prices rise and inflation hold steady?

Someone must know!

3 comments:

phil said...

right, listen very carefully. i will explain everythig. inflation 1.9% ( i will take your word for it cos i dont really worry bout it).this is easily explained if you just realise that it is all worked out by this really simple equation. price rises divided by wages, the answer is always the same no matter who is in power,and the answer is...................... BULLSHIT

Mark T said...

:-DDD I wouldn't hold ya breath Mikey!

Lis said...

my brain hurts