Re:Why inflation is not a threat
by robocat on Sunday March 14, 2021 @11:56AM
(#26456363)
CPI does NOT include housing in the UK - and this article was written from a UK perspective.
In the UK:
“The CPI takes no account of housing costs”.
“the CPIH does include [housing costs but] it uses an approach called ‘rental equivalence’ – not the mortgage payments but how much rent the householder would pay for an equivalent property”.
“the RPI takes account of mortgage interest payments”.
In the UK:
“The CPI takes no account of housing costs”.
“the CPIH does include [housing costs but] it uses an approach called ‘rental equivalence’ – not the mortgage payments but how much rent the householder would pay for an equivalent property”.
“the RPI takes account of mortgage interest payments”.
From: https://www.thetimes.co.uk/money-mentor/article/rpi-versus-c...