Inflation has fallen! It's over! House prices will "shoot back up"! 🤦🏻
If you are a "headline reader", you will, at best, be confused and at worst be completely misled. (Watch the video of this podcast here: https://youtube.com/live/kfk-hXLrKHQ )
You cannot base your moving decision on headlines. You need to do your own in depth research.
Inflation is STILL MORE THAN DOUBLE TARGET.
PRICES ARE STILL RISING FAST, just not as fast.
This inflation readout is broadly as expected and changes nothing for me.
BTW the ONS announced their HPI today, negative on both monthly and yearly readouts. https://www.gov.uk/government/news/uk-house-price-index-for-september-2023
Alexs graph.
https://x.com/alexgroundwater/status/1719695170948522240?s=20
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