Inflation increased! It did not 're-accelerate'. Well, neither of us have checked, but this is not what you mean. Also people understand 'increased'. 'Went up' is an alternative. I'm not a journalist but just saying. - ThreadSky

t0nyyates.bsky.social • 99 days ago

Inflation increased! It did not 're-accelerate'. Well, neither of us have checked, but this is not what you mean. Also people understand 'increased'. 'Went up' is an alternative. I'm not a journalist but just saying.

Reposted from POLITICO Europe

UK inflation re-accelerated in October, and by more than expected, in a troubling development for the Bank of England and the new Labour government.

Comments

edmorrish.bsky.social•99 days ago

politico aren’t *really* journalists, to be fair. they’re just another opinion-washing organisation.

justinclayton66.bsky.social•99 days ago

"by more than expected"? BBC reported this morning that rise was in line with market expectations. Heck, even I knew inflation was going up this month due to 10% rise in energy cap last month.

emmahaslett.bsky.social•99 days ago

Also it's 2.3%. Everyone's acting like it's 2023 again.

t0nyyates.bsky.social•99 days ago

Yep a few 0.1s are nothing

emmahaslett.bsky.social•99 days ago

What's a coupla bil between friends?

kitjuckes.bsky.social•99 days ago

OK, how about (with a mandatory picture of snow in Derbyshire): Prices, which had been rising at a slowing pace, are surging again, thanks to a higher cap on energy bills just in time for the winter’s first Arctic blast.

groda.eu•99 days ago

Should all be quoted as time derivates of P prirces
dp/dt>0 inflation
d2p/dt2>0 increasing inflation or acceleraring prices
d3p/dt2>0 accelerating inflation

gillottjohn.bsky.social•99 days ago

Evergreen Tweet:

t0nyyates.bsky.social•99 days ago

Agree. Minimal words, just mathematical notation. This is the future for economics journalism.

roylonergan.bsky.social•99 days ago

1. Leibniz notation is difficult on here. I propose t••• .

2. This is prices snapping.

groda.eu•99 days ago

After the economics profession great success in teaching the world to divide by 100 the time has come for time derivates

tah-sci.com•99 days ago

I think epidemiology can claim that already tbh - people got that R0 (cf inflation) measured increase / decrease in prevalence (cf prices) and could itself change, with the change being quick or slow.

groda.eu•99 days ago

Economy had already done that with inflation I guess. Epidemiology failed miserably at teaching differential equations and generally made everyone confused

codersblock.org•99 days ago

What we really want to know is the snap crackle and pop of inflation

kitjuckes.bsky.social•99 days ago

Followed by ‘The pound rose briefly, as higher inflation will slow the pace of interest rate cuts, but was a half-hearted reaction, which won’t last any longer than a Brazilian suntan.

eekyrich.bsky.social•99 days ago

I feel the artic gets a bad rep, the cold air gets dragged down to the party by the twilling Caribbean air

kitjuckes.bsky.social•99 days ago

It’s trying to get to Rio??

eekyrich.bsky.social•99 days ago

nah just the med

fromtherocks.bsky.social•99 days ago

This is the main reason why Sunak went early.

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