Non-motoring > Personal inflation rate	Miscellaneous
Thread Author: Crankcase	Replies: 38

New Tue 13 Nov 12 10:56   Personal inflation rate - Crankcase

One of those BBC calculators we all love so much. Mine works out at a "personal inflation rate" of 2.1%, which is a lot more than the cost of living part of my annual pay review. How's yours, if you can be bothered? www.bbc.co.uk/news/business-11331052#calcJump Reply to this message | Report message

New Tue 13 Nov 12 11:19   Personal inflation rate - sooty123

Mine is 0%. Reply to this message | Report message

New Tue 13 Nov 12 11:32   Personal inflation rate - madf

1.6% Reply to this message | Report message

New Tue 13 Nov 12 11:52   Personal inflation rate - diddy1234

+2.3% damm. looks like I am paying out more ..... again Reply to this message | Report message

New Tue 13 Nov 12 11:56   Personal inflation rate - Londoner

2.1% (by a remarkable coincidence this is also 2.1% more than the last cost of living rise that I received from my job. A rise which was the same as the previous year, and the year before that, and the year before that . . .and so on) Reply to this message | Report message

New Tue 13 Nov 12 12:07   Personal inflation rate - diddy1234

I think that is what is happening to everyone. The cost of living goes up little by little every year but people have not had a wage rise since 2008 ! As a result most people are earning 10% less than they should be (if an increase of inflation was added to wages). No wonder why the country is broke. The country needs money to circulate but us plebs have no more spare cash. This recession is a farce just like the last recession. The last recession - Who's famous worlds was it to suggest a 'consumer led recovery' ? That didn't work either. Come to think of it, how exactly did the UK come out of the last recession ? Reply to this message | Report message

New Tue 13 Nov 12 12:25   Personal inflation rate - madf

>> >> Come to think of it, how exactly did the UK come out of the last >> recession ? >> Borrowed money on the basis of rising housing prices: largely fuelled by profits in financial services and Government spending increases. Reply to this message | Report message

New Tue 13 Nov 12 12:32   Personal inflation rate - diddy1234

ah that old chessnut. So eventually the bubble bursts (2008 recession) and joe blogs the worker gets a kick in the knackers then. Good old Britain - short term gain, long term pain Reply to this message | Report message

New Tue 13 Nov 12 13:09   Personal inflation rate - No FM2R

>>This recession is a farce just like the last recession. Yeah, right! Its about time we had a decent one! Reply to this message | Report message

New Tue 13 Nov 12 20:57   Personal inflation rate - swiss tony

>> Come to think of it, how exactly did the UK come out of the last >> recession ? >> I don't think we ever really did...... Reply to this message | Report message

New Tue 13 Nov 12 11:51   Personal inflation rate - L'escargot

I don't keep enough records to enable me to fill it in. But considering that my occupational pension never goes up I guess that I'm worse off than last year. Reply to this message | Report message

New Tue 13 Nov 12 12:19   Personal inflation rate - Zero

>> I don't keep enough records to enable me to fill it in. Says the man who keeps a spreadsheet of all the petrol he has bough since 2003!!!!!!! My PIR is 1.9% slightly less than my index linking on my pension. Reply to this message | Report message

New Tue 13 Nov 12 12:22   Personal inflation rate - Fenlander

Mine is about 2% which is broadly equal to my pension indexing. Mrs F is on 2nd year of a wage freeze but that's not too bad as she's an overpaid public servant anyway. Reply to this message | Report message

New Tue 13 Nov 12 12:32   Personal inflation rate - Haywain

2.2% for me. Reply to this message | Report message

New Tue 13 Nov 12 12:40   Personal inflation rate - Crankcase

How did sooty get a 0% rate, I ask not rhetorically? Actually that sounds like the feedline of a joke. Punchline anyone? Reply to this message | Report message

New Tue 13 Nov 12 12:42   Personal inflation rate - Runfer D'Hills

Maybe we should get up a sweep? Or is this the wrong thread? :-) Reply to this message | Report message

New Tue 13 Nov 12 12:42   Personal inflation rate - Crankcase

Might have known you'd have a hand in it. Reply to this message | Report message

New Tue 13 Nov 12 12:59   Personal inflation rate - sherlock47

2.4% But seeing the figures in print makes me wonder how long I can go on living like this:) Many peoplw will wish to see this relative to CPI not RPI? But looking at the figures above, given by otherC4P repondents do most people ( mostly pensioners?) actually feel ahead of the game? Reply to this message | Report message

New Tue 13 Nov 12 13:08   Personal inflation rate - sooty123

>> How did sooty get a 0% rate, I ask not rhetorically? I've no idea I was surprised too. Reply to this message | Report message

New Tue 13 Nov 12 13:14   Personal inflation rate - Cliff Pope

1.4% Reply to this message | Report message

New Tue 13 Nov 12 13:15   Personal inflation rate - Zero

>> >> How did sooty get a 0% rate, I ask not rhetorically? >> >> I've no idea I was surprised too. Clearly he is a tight git and spends nothing. Reply to this message | Report message

New Tue 13 Nov 12 13:21   Personal inflation rate - sooty123

I prefer to think of my spending as somewhat frugal, unlike all the millionaire pensioners on here ;) Reply to this message | Report message

New Tue 13 Nov 12 13:34   Personal inflation rate - crocks

Mine is 1.7%. If I had spent nothing in any category it was still 1.0% unless I gave my house away! Maybe it was produced by the Newsnight team who didn't check the results too carefully. Reply to this message | Report message       1

New Tue 13 Nov 12 13:35   Personal inflation rate - Skip

2.0% Reply to this message | Report message

New Tue 13 Nov 12 13:54   Personal inflation rate - Falkirk Bairn

>>unlike all the millionaire pensioners on here I am a pensioner, own home, no debts, good pension, "cash in the bank" but it did not happen by accident - comfortably off BUT incidentally I am no millionaire. 1) Worked 40 yrs inc 3 yrs overseas in order to get house deposit 2) Lucky no unemployment apart from a few weeks 20 yrs ago 3) Careful to put money aside for future "rainy day" even 30+ yrs ago. 4) Holidays modest, no chance of 2/3 trips abroad per year - too busy working. If sales are good you cannot take holidays as you are too busy. If sales are poor you have to work to get sales. 5) Non working wife and 3 x kids at Uni times were tough at points - there were recessions before the current one!! 6) Kids finished Uni in 1998 - time to save for retirement day - lose job @ 60 instead of retiring at 65......just as well I planned for overage in pension and other assets. 7) A bit lucky at times, married once, 3 x kids 100% from birth to date.... no issues on that front. I have former class mates who have just waltzed into retirement as if it could not have been forecast - down sizing, working in minm wage job to supplement pension (or little or no pension!).............have debts, still drink lots and complain in the pub that Pensions should be better. Reply to this message | Report message

New Tue 13 Nov 12 14:00   Personal inflation rate - sooty123

>> >>unlike all the millionaire pensioners on here >> >> I am a pensioner... I did add a smilie on the end. Reply to this message | Report message

New Tue 13 Nov 12 14:26   Personal inflation rate - Bromptonaut

No time to fill in form at present but I'm at the higher end I suspect. Most of my spend is food, household and motor fuel, rail transport and other essentials. Although we had pay increases until 2010 they were under real inflation and we've been frozen since then. May be redundant/early retired after March in which case pension is CPI linked but no certainty. Slaying Quangos looked easy until they tried it!! Last edited by: Bromptonaut on Tue 13 Nov 12 at 14:27 Reply to this message | Report message

New Tue 13 Nov 12 14:19   Personal inflation rate - Harleyman

>> How did sooty get a 0% rate, I ask not rhetorically? Actually that sounds like >> the feedline of a joke. Punchline anyone? >> Apparently Harry Corbett had a hand in it. Reply to this message | Report message

New Tue 13 Nov 12 15:47   Personal inflation rate - CGNorwich

The bad side is that my pension is not index linked. The good side is that my pension goes up 5% per annum no matter the inflation rate. Let's keep the inflation rate down please! Reply to this message | Report message

New Tue 13 Nov 12 15:56   Personal inflation rate - L'escargot

>> Says the man ......... Yep. I'm the man. Reply to this message | Report message

New Tue 13 Nov 12 16:22   Personal inflation rate - Roger.

My little Prudential annuity has just gone down by sixty quid a year. Reply to this message | Report message

New Tue 13 Nov 12 16:23   Personal inflation rate - Roger.

As an aside - how, exactly, does one get personally inflated? Hmmm............................... Reply to this message | Report message

New Tue 13 Nov 12 16:28   Personal inflation rate - Fursty Ferret

3.4%. Reply to this message | Report message

New Tue 13 Nov 12 16:44   Personal inflation rate - Cliff Pope

>> As an aside - how, exactly, does one get personally inflated? Hmmm............................... >> I'm sure you have heard the three balloons joke, with the punchline "..and, what is more, you have let yourself down." Reply to this message | Report message

New Tue 13 Nov 12 21:06   Personal inflation rate - -

1.5% inflation and just had 2.5% rise. Somehow the inflation figures seem rosy...was it the BBC by any chance..;) Reply to this message | Report message

New Tue 13 Nov 12 21:22   Personal inflation rate - Bromptonaut

The inflation figures have seemed rosy for years. Largely because they've been driven down by falling costs of clothing, white goods etc while food and fuel race ahead. Reply to this message | Report message

New Tue 13 Nov 12 22:21   Personal inflation rate - No FM2R

>>while food and fuel race ahead. In real terms? I'm pretty sure fuel hasn't raced ahead, not sure about food. Reply to this message | Report message

New Tue 13 Nov 12 22:39   Personal inflation rate - wotspur

2.6 Reply to this message | Report message

New Wed 14 Nov 12 07:55   Personal inflation rate - Zero

>> >>while food and fuel race ahead. >> >> In real terms? I'm pretty sure fuel hasn't raced ahead, not sure about food. If you trend it over time, nah you are right in fact both have slightly declined against earnings. Reply to this message | Report message