2022 Price Increase

[stereohaven]

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@siteguruwrote:

I am well aware of the CPI + 3.9% malarkey - that is not my query. My query is regarding the CPI rate they have used ... I work it out as 5.4%. Where did they get that figure from? Is that really the pertinent CPI rate?

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It is worked out by the Office for National Statistics.

You are correct the rate for January 2022 was determined as 5.4%, hence 5.4% + 3.9% = 9.3%

The "workings out" you are after for January are here: https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/january2022 

[Kilgeever53]

Government calculate CPI inflation etc on the September figure.

Regardless, almost 10%!  I'll not be changing an ( or the 24 months starts all over again!), I shan't be renewing either. CPI plus 3.1%? Why? I'll shop around because it's getting bad.... some have deep pockets but we must look at the broader canvas. Do I need 150mbps? Will it be needed? Are cheaper speeds available? Am I wasting money ?

Add national insurance ( 10%)

Energy cap ( April) 54%

Energy cap ( October 34%)

Grain etc.... upwards 65%

Petrol and diesel....160/litre.....

Anyway..... I'm going full Scrooge so I can afford to enjoy memories, not faster webpages.

Cheers and hopefully we stay well.