Inflation at over 7% - so is interest on savings as good as some think?

[Ian]

Interesting update

http://www.todayszaman.com/news-306107-.html

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[Scunner]

I do miss that bread

[Ian]

But could you really afford it now  

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[Scunner]

The answer is to have TR interest rates and UK inflation  

[starman]

or to have TL interest rates on a sterling savings account

[usedbustickets]

I wonder, given that many people own their Turkish home, what the Turkish CPI rate would be if Housing Costs were excluded from the 7.3% rate, higher or lower?  We would get a better idea of the impact of the 'adjusted' inflation rate on the Brit community.  Anyone want to do the Math

[phil5257]

At least you are getting interest that exceeds the inflation rate - not many banks/building societies in Britain are doing that at the moment unless you tie your money up for 5 years. Also think that the inflation figures here are somewhat massaged to look better than they really are.