{"id":556,"date":"2010-03-23T15:57:20","date_gmt":"2010-03-23T14:57:20","guid":{"rendered":"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=556"},"modified":"2010-03-23T16:07:34","modified_gmt":"2010-03-23T15:07:34","slug":"inflation-rate-falls","status":"publish","type":"page","link":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=556","title":{"rendered":"Inflation Rate Falls"},"content":{"rendered":"<p><!--[if gte mso 9]><xml> Normal   0 <\/xml><![endif]--><!--  --><\/p>\n<p>The Inflation rate had fallen back to 3% from 3.5% in February, the government has announced.\u00c2\u00a0 This drop in the Consumer Price Index rate supports the official view that the CPI will fall throughout this year back to its target of at, or below, 2%.\u00c2\u00a0 This will no doubt help the Chancellor in his last minute pre-budget tweakings.<\/p>\n<p>This also helps the likelihood of extending the very low interest rates currently being experienced by the mortgages of the home-owning section of the population, thereby helping the property market in a small way.\u00c2\u00a0 The RPI (Retail Price Index) which includes housing costs stayed at 3.7% for the month, and the core inflation (which excludes energy and food prices) dropped from 3.1% to 2.9%.<\/p>\n<p>The economy&#8217;s reaction to tomorrow&#8217;s budget, <a href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=543\" target=\"_self\">past budgetary tax changes coming into force<\/a>, and the forthcoming election, will all affect the medium term stability and consolidate recent improvements in the property markets, in a more direct way than inflation at the current time. However every positive improvement should be enjoyed.<\/p>\n<p>23rd March 2010<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Inflation rate had fallen back to 3% from 3.5% in February, the government has announced.\u00c2\u00a0 This drop in the Consumer Price Index rate supports the official view that the CPI will fall throughout this year back to its target of at, or below, 2%.\u00c2\u00a0 This will no doubt help the Chancellor in his last &hellip; <a href=\"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=556\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Inflation Rate Falls&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"folder":[],"class_list":["post-556","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Inflation Rate Falls - Property Surveying NEWSLETTER<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=556\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation Rate Falls - Property Surveying NEWSLETTER\" \/>\n<meta property=\"og:description\" content=\"The Inflation rate had fallen back to 3% from 3.5% in February, the government has announced.\u00c2\u00a0 This drop in the Consumer Price Index rate supports the official view that the CPI will fall throughout this year back to its target of at, or below, 2%.\u00c2\u00a0 This will no doubt help the Chancellor in his last &hellip; 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