Inflation, and the like.

Discussion in 'UK Motorcycles' started by ginge, Jul 10, 2007.

  1. ginge

    ginge Guest

    So, I'm pondering something, and I don't know where to find the numbers
    to work it out. What I want to do is establish how much money now would
    give the equivalent buying power that 10K did in 2001.

    I'm guessing there must be a quick and dirty online calculator for this
    kind of thing... any ideas?
     
    ginge, Jul 10, 2007
    #1
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  2. ginge

    CT Guest

    What's happened to your Google mojo, then?

    In 2005, £10,000.00 from 2001 was worth:

    £11,079.62 using the retail price index
    £11,145.71 using the GDP deflator
    £11,626.79 using average earnings
    £12,060.55 using per capita GDP
    £12,284.16 using the GDP

    From http://measuringworth.com/calculators/ukcompare/
     
    CT, Jul 10, 2007
    #2
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  3. ginge

    CT Guest

    Of course, entering 2007 instead of 2005 and getting the correct values
    that you require is left as an exercise for the reader.
     
    CT, Jul 10, 2007
    #3
  4. ginge

    JW Guest

    Office for National Statistics is your best bet, I would think.

    Not an online calculator, but the data you'd need is here, especially
    p7 (OK, so it only goes back to 2002, but you can't have
    everything...):

    http://www.statistics.gov.uk/downloads/theme_economy/FocusonCPI_May_2007.pdf
     
    JW, Jul 10, 2007
    #4
  5. ginge

    John Bilberg Guest

    If you go to table 3.1 on p.15 of this you will find cpi from Jan 1996
    to May 2007. This and a calculator should give the answer to the ginger
    ones question.
     
    John Bilberg, Jul 10, 2007
    #5
  6. ginge

    David Toft Guest

     
    David Toft, Jul 10, 2007
    #6
  7. ginge

    David Toft Guest

    This site gives monthly RPI going back to 1915

    http://www.wolfbane.com/rpi.htm
     
    David Toft, Jul 10, 2007
    #7
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