Are Mortgage interest rate increases included in inflation rate increases?

D

Dusty

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When the rate of inflation is calculated what is included?

I know that they add in increases in ESB, Gas, Petrol, Food, and other consumables but are Mortgage Interest rate increases taken into account?

Cheers
 
Anywhere in particular on that site Clubman? I did a search for inflation rates and it didn't return anything meaningful...
 
Thanks Superman, that link confirms that the Consumer Price Index does indeed take mortgage interest payments in to account.

Next question

How is the Consumer Price Index related to the rate of inflation that we hear about in the news (currently around 4% I think) or are they one and the same?

Cheers
Jon
 
yes the DoF MEB keeps a nice section on inflation. Afaik, the HICP measure of inflation, as against the CPI (it's the harmonised european measure) doesn't take into account interest rate increases, so that's why CPI tends to be higher than HICP in Ireland's case.
 
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