Originally Posted by
Saracen
I know about the CSO and ONS, etc, but really, forget that and concentrate on the actual meaning of what it's saying.
Surely "All Items Index of Retail Prices" is pretty self-evident. It's an index of retail prices of "all items", as opposed to a selection of items, like oh, foodstuffs, or petrochemicals. And, as an index of retail prices compiled by some statistical office, surely it's pretty clear it's some kind of inflation measure?
I mean, seriously, is it not fairly obvious? I mean that literally, and it's a genuine question, Biscuit. I'm an economist by training, and an accountant by vocation, so it's certainly obvious to me, but then it flipping well ought to be. But as a genuine question, is it not obvious more or less what they're referring to?
I don't mean that you need to understand the differences in various inflation measures, or the distinction between the CSO and ONS, or whatever it's called this year, but the broad point that Orange may (or may not) increase prices, and if in line with a 12-month inflation figure, it doesn't void the contract.
Because it seems clear to me. There may be a modest price increase, in line with inflation, and you've agreed to it in the contract. I can't read that para in their T&Cs without clearly understanding the general effect, even if I don't understand the exact mechanism.