
Will UK inflation hit 6% this year?
UK inflation rates actually declined over the last two months of the year, ending up at a 3.1% annual rate for December, down from 4.1% in November.
"Consumer price inflation dropped sharply in December to an annual rate of 3.1% from November's figure of 4.1%."
http://news.bbc.co.uk/2/hi/business/7839023.stm
Background:>
The Consumer Prices Index (CPI) reached 5.2 per cent - the highest CPI reading since 1997 and a 16-year historical inflation peak.
But will it go higher and reach 6% by the end of December?
http://www.independent.co.uk/news/business/news/energy-prices-push-inflation-to-52pc-960477.html
Settlement details:As reported by The Independent.
- Activity: H$120,133 |
- Predictions: 235 |
Comments: 5
Suspend date: Wed 31st Dec 2008 3:59pm PST
Settlement date: Thu 22nd Jan 5:56am PST
Prediction cut-off: Predictions on this question after Wed 31st Dec 2008 3:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 50%
Action history:
I htink you can settle as no.
3.1% annual rate of the UK inflation.
http://www.independent.co.uk/news/business/news/inflation-falls-sharply--but-less-than-expected-1451605.html
"http://www.statistics.gov.uk/cci/nugget.asp?ID=19"
http://www.statistics.gov.uk/cci/nugget.asp?ID=19
"Consumer price inflation dropped sharply in December to an annual rate of 3.1% from November's figure of 4.1%."
http://news.bbc.co.uk/2/hi/business/7839023.stm
Suspend date: Wed 31st Dec 2008 3:59pm PST
Settlement date: Thu 22nd Jan 5:56am PST
Prediction cut-off: Predictions on this question after Wed 31st Dec 2008 3:59pm PST have been voided because they were made after the question could be settled details
Predictions (235)
Comments (5)
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I take macroeconomics... and your comment just made me realize how much adderall i will need to pass this final....
Will settle on the basis of December data when available
Will remain suspended until then...
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