Maybe if mortgage payments are twice as high people won't be able to spend as much on anything else and inflation will fall just because less is being spent on food etc??
I'm not clear on how the inflation stats work when modelling the amount of items people buy Vs the price of the basket.
Maybe if mortgage payments are twice as high people won't be able to spend as much on anything else and inflation will fall just because less is being spent on food etc??
I'm not clear on how the inflation stats work when modelling the amount of items people buy Vs the price of the basket.