Newsbot Posted December 1, 2008 Share Posted December 1, 2008 The Isle of Man's Treasury Minister welcomes a fall in the inflation rate and says further reductions are possible. Source : http://news.bbc.co.uk/go/rss/-/1/hi/world/...man/7758375.stm Link to comment Share on other sites More sharing options...
bluemonday Posted December 1, 2008 Share Posted December 1, 2008 The main factors are an early October cut in the base interest rate and the falls in fuel and energy prices. Link to comment Share on other sites More sharing options...
Albert Tatlock Posted December 1, 2008 Share Posted December 1, 2008 2+2=1.5 Link to comment Share on other sites More sharing options...
thebees Posted December 1, 2008 Share Posted December 1, 2008 Hey, I need a new apprentice, do you want a Job? Link to comment Share on other sites More sharing options...
Albert Tatlock Posted December 1, 2008 Share Posted December 1, 2008 Hey, I need a new apprentice, do you want a Job? Ooooh saucy sorcery! Link to comment Share on other sites More sharing options...
Bombay Bad Boy Posted December 1, 2008 Share Posted December 1, 2008 You're Fired! Link to comment Share on other sites More sharing options...
Gladys Posted December 1, 2008 Share Posted December 1, 2008 I suppose a fall in inflation is something to be grateful for, except that in the current climate it is actually a symptom of deflation and not to be welcomed if you are to believe the economic gurus. How much is down to price reductions caused by the underlying cost of things reducing and how much is down to price reductions because no-one is buying? In other words, is there a difference between deflation being a factor of supply (welcome) or reduced demand (unwelcome as a signal of recession)? Link to comment Share on other sites More sharing options...
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