(Not sure where to put this question)
What rate is inflation at and where is it published ?
What/who is used to calculate inflation ?
Specifically, just wondering by how much my money is dwindling away in value being sat in a current account.
I am taking steps to put it into Northern Rock 3.05% CAR gross.
In regards to the real value of money - will i be winning by doing this ?
Or theoretically am I better off spending it on products at todays price before they go up due to inflation ?
Ta
What rate is inflation at and where is it published ?
What/who is used to calculate inflation ?
Specifically, just wondering by how much my money is dwindling away in value being sat in a current account.
I am taking steps to put it into Northern Rock 3.05% CAR gross.
In regards to the real value of money - will i be winning by doing this ?
Or theoretically am I better off spending it on products at todays price before they go up due to inflation ?
Ta