Negative inflation?

Just came across this on the BBC website
http://news.bbc.co.uk/1/hi/business/7669072.stm#calcJump

Now clearly we don't actually live in the UK, but I filled it in with
some very (and I mean very) rough and ready figures. Comes out at
-8.4%. Odd, eh?

 

-5.1% here.

 

Tried it again with some rejigged figures and it seems that the larger
the outstanding mortgage, the lower the figures. So I guess it must
somehow be factoring in an assumed property price growth higher than
current mortgage rates. Which sounds like bollocks to me in the
current economic climate.

 

Yeah, probably. Still doesn't seem right though.

 

Quite possible. Ours is +4.6% with no mortgage.

 

-8.7% with my proper numbers.

 

+4.4% for me.

I suspect not having a mortgage doesn't help. For a change.

 

-14.4%

--
Krusty

'03 Tiger 955i
'02 MV Senna (for sale) '96 Tiger (for sale)
'79 Fantic Hiro 250 (for sale) '81 Corvette (for sale)

 

-0.5% here, but some of my figures were very rough & ready.