Inflation rate rockets up to 5.2%
The UK inflation rate has just been announced, and we’re basically all more screwed than ever before. Those of you who were mad enough to pick 5.2% in as the figure in our exciting, non-existent prediction game were bang on the money.
It’s a rise from August’s figure of 4.2% and is taken from the Consumer Prices Index, the most accurate measurement of the cost of stuff that most of us splash our dough on. The boring old Bank Of England’s target rate for the CPI is a snail-pace 2%. Ha – losers!
The main reason for the rise in the figure has been the increase in energy costs, with many of the energy supplier bastards bringing in their pre-winter price hikes during September.
Can we just start again in a world without money? Please?