NEIG (non-energy industrial goods i.e. core goods) came in higher than expected again at +0.28%Y/Y (vs the BOE’s forecast of 0.01%Y/Y and up from 0.11%Y/Y in July).Second hand car prices contributed +0.05ppt to headline CPI and pretty much accounted for
“These rises were partially offset by continuing falls in the costs of petrol, with airline prices falling by more than usual for this time of year, and second-hand car prices also rising less steeply than the large increases seen last year,” said Darren Morgan, director of economic statist...
UK sees rise in second hand car priceshttps://facebook.com/timesofmaltaNews
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“It means there is more choice than ever before, and many affordable models available, with prices significantly lower than the cost of buying a brand new EV. Many second-hand EVs are nearly new, often driven by someone for a couple of years under a car finance agreement, meaning they wi...
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Monir Uddin was scouring for a replacement recently for his family’s diesel vehicle at a used car dealership in London ahead of further clampdowns on polluting personal transport later this year. But soaring prices for second-hand autos were giving him cause for concern. “The price is a bit...
The global semiconductor shortage, which is not expected to ease until next year, has also warped the second-hand market, driving used car prices above new models for the first time in memory. Auto Trader, which runs the UK’s largest online marketplace, estimates that one in five used ca...