It is the highest since 1991 - the numbers released today, the retail price index, which indicates that the rise 5.5pc last month. Consumer Price Index - the Government's preferred measure of inflation - high food addition, fuel prices are primarily driven by clothing, and rising. It is now standing at 4.4pc - more than twice the recommended goal of many governments. See Also installment loans no employment verification .
Mark Dampier of Hargreaves Lansdown said: "It is more than a transition to the real killer from the environment of low inflation - may be badly hurt both stocks and bonds."
But he was completely negative people that there are certain assets that can help to save their strong inflation, rather than in terms of, and may benefit if interest rates began to rise later this year can.
The most common ways to combat inflation below. Many may involve additional risk your money - you, if you step up the risk ladder, please make sure to seek appropriate advice.
Since withdrawing its index-linked certificates of national saving and investment, there is a gap in the market for risk-free savings beat inflation. Check out also instant loan online lender . This government-backed savings provider The prime minister is expected to announce the launch of the new challenges of popular products like this in his budget speech.
NS & I will not withdraw from this market, some small savings provider, has plugged a gap in his account, there is a tendency to sell out very quickly. Check out also installment payday loans .
Today, Birmingham Midshires, Yorkshire and saffron building society savings and postal mail, provide a product that is linked to the return of inflation.
At the post office will pay the return of retail price index plus 1.5 percentage points, providing a 5-year bonds. RPI is, if you stand 5PC years from now, when interest was added to the account, money will be added to your 6. See Also instant paydayloans .5pc. The minimum investment is 500.
While the minimum investment is 3,000, Yorkshire Building Society is the same return (RPI plus 1.5pc) offers a. Saffron Building Society and Birmingham Midshire pays a return equal to RPI both. Three-year option Birmingham Midshires, as well as for those who do not want to lock their money away for so long, while having a 5-year bonds, Saffron Building Society is offering a six-year bond and.
Savers is a decrease in inflation, these bonds are paid in return so, you should recognize that. Check out also instant loan into bank account .
(PRWEB) November 11, 2004
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