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Inflation higher than analysts expected for November

By rotide
Created 13/12/2017 - 10:06

One tenth of a percent is not enough to provoke widespread panic but most forecasters were looking for 3% and the move to 3.1% is significant in that it triggers a Bank of England report on how they intend to bring it back in line. The report/letter, is expected when 1% on the downside and 3% on the up, are breached and the Bank has to inform the chancellor how it will bring inflation back to the target level of 2%.

Interestingly, the rise has been caused by the increase in the cost of airfares and computer games.

As far as computer games go, any parent about to buy a games consul and games for it, should seriously look at the reviews for them before doing so and I am referring to micro payments after you have paid for the game itself. They are rife as developers greed knows no bounds, EA games especially.

So what? you might ask, but the reality is the game is loaded against the poor kid that hasn't paid for - a faster car in racing games, better quality footballers in games like FIFA by EA, so you are mostly on the losing side, guns with more functionality, enabling you to shoot the opposition faster than they shoot you.  

Not that difficult to see why computer games are costing more, the gift that keeps on costing.

Pay to win its called.

 


Source URL:
https://www.newbusiness.co.uk/news/inflation-higher-analysts-expected-november