BBC Now, I'm not sure where they are getting this information for 2009. After everything that has gone on in the last year, with all the talking heads and 'experts' giving us the low down on how the value of the pound has been shattered, and how we have this huge trade deficit with the rest of the world for white goods, cars and more. Quick heads-up on that news story - it's a load of politically inspired twaddle. We DO import most of our goods. The pound HAS shattered in value by, on average, 20% against most other currencies. This makes our imports 20% more expensive. Gordon Brown WILL be printing lots of new money this year, though he's removed the requirement from the BoE to publish just how much they are printing - can't think why. This will further increase inflation as the pound devalues further and our imports get even more expensive. The mad scrabble to discount goods in retail stores before Christmas and in the January sales was only a short-sighted temporary measure, and will not be sufficient to decrease what promises to be pretty high inflation this year. MOST importers of goods (that's wholesalers too) have already jacked up their wholesale prices by, on average 20% in January. By the end of January, you will see many, many high street retailers passing that on to customers. It IS going to be a tough year, and inflation IS going to be rather high, despite even the deflationary pressures of the housing market.