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RPI inflation rate in novemeber was 3% not 3.2%

Anonymous
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Since the RPI was actually 3% in November and not 3.2% like O2 have reported it to be does that mean I can cancel my contract since the rise in my contract is not inline with inflation like O2 said.

 

http://www.bbc.co.uk/news/business-20766392

 

Also considering this is a consumer product should they not use the CPI or do they always use the one that suits them (like the government)

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Anonymous
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another link that shows Inflation Rates across the year

 

http://www.bbc.co.uk/news/10612209

 

the email sent to me on December 13 stated:

'That's a rise of 3.2%, the same as the current rate of inflation.'

 

so you have a point! slight_smile

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adamtemp64
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no because that only came out today the figure they used was current at 11th december when announced based on the october rpi http://www.ons.gov.uk/ons/rel/cpi/consumer-price-indices/index.html

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perksie
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Adam's right the price is at the time the announcement was made:

 

http://www.o2.co.uk/prices

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Anonymous
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adamtemp64, that can't be classed as the 'current' rate of inflation, though.
at best, its the last calculated rate of inflation. wink
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adamtemp64
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the link above confirms and links to the november rpi statement for 3.2% in october

iPhone 11 Pro 256gb on unlimited data
iPad Pro 12.9” 2020 256gb refresh o2 family discount
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My first mobile was in 1995 a CM-R111 from sony on Cellnet.
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adamtemp64
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@Anonymous wrote:
adamtemp64, that can't be classed as the 'current' rate of inflation, though.
at best, its the last calculated rate of inflation. wink

RPI is calculated once a month and o2 did use the latest figure available 11th december 7 days before the november rpi was announced today.

iPhone 11 Pro 256gb on unlimited data
iPad Pro 12.9” 2020 256gb refresh o2 family discount
Apple Watch series 4
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perksie
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@Anonymous wrote:
adamtemp64, that can't be classed as the 'current' rate of inflation, though.
at best, its the last calculated rate of inflation. wink

So due to you the increase should be cancelled then! Smiley Frustrated

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Anonymous
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Please merge this all into one as its the same thing or just create an inflation forum @leonard & Toby 

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Toby
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Hi guys,

 

We have a great discussion going on in the thread below about the price changes so head over there to talk about this story with everyone else slight_smile

 

http://community.o2.co.uk/t5/Pay-Monthly-and-Pay-Go/Increase-in-Tariff-Cost/td-p/364896

 

That way, its easier for Leonard and I to take a look at everyone's views and pass on info to the rest of the team in an efficient and beneficial way. I'll lock this thread now, so head over there to chat about this.

 

Cheers!

 

Toby

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