Monthly Inflation Thread - Mervyn misses again.
Discussion
UK Consumer Prices Index (CPI) inflation remained unchanged in August at 3.1%, according to the Office for National Statistics (ONS).
It means the rate remains well above the Bank of England's 2% target, and it brings to an end a three-month period during which the rate had been falling.
The unexpectedly high rate was boosted by strong rises in airfare, clothing and food prices. Fuel prices fell.
Retail Prices Index (RPI) inflation slowed to 4.7%, down from 4.8% in July.
Economists had forecast lower rates of inflation for August, with CPI expected at 2.9% and RPI at 4.6%.
http://www.bbc.co.uk/news/business-11294957
FFS, if I was as bad at hitting my targets at work I'd be out on my ear.
It means the rate remains well above the Bank of England's 2% target, and it brings to an end a three-month period during which the rate had been falling.
The unexpectedly high rate was boosted by strong rises in airfare, clothing and food prices. Fuel prices fell.
Retail Prices Index (RPI) inflation slowed to 4.7%, down from 4.8% in July.
Economists had forecast lower rates of inflation for August, with CPI expected at 2.9% and RPI at 4.6%.
http://www.bbc.co.uk/news/business-11294957
FFS, if I was as bad at hitting my targets at work I'd be out on my ear.
musclecarmad said:
it's the little things that get you - a can of fanta from an ice cream van £1.25.
A sub of the day gone from £1.99 to £2.30
Polo mints used to be 10p now they are 60p in shell garages.
Drinks like lucozade, oasis etc always used to be 80p, now £1.25 in garages.
car magazines knocking on the door of £5
a large starbucks is about £3 odd i think.
A salad from Phillpots in leeds (just a sandwich shop, albeit a nice one) is £4.95.
even at the cinema it's now £1 for 3d glasses and £1.50 upgrade for the premier seats and about £8 a ticket. Used to be £4.50.
Every bloody thing you do nowadays is a fiver.
Drinks in nightclubs - in leeds the other night it was £4 a tequila so for a quick round of shots that last 20 seconds before you are lining up for some more was costing about £20.
I pint of stella is now over £3 even in tatty pubs in yorkshire.
classic car inflation is high too.
houses seem to rise at more than inflation too generally speaking.
Inflation is actually really high - i personally think more than the figures suggest.
I'd agree with that. Our shopping bill is spiraling out of control on regular things like meats, soft drinks and all sorts of general stuff that we buy to stay alive. Chicken breasts, soft drinks, mince, meats, veg - and have you seen the price of fish! At least beer is still cheap in the supermarkets...A sub of the day gone from £1.99 to £2.30
Polo mints used to be 10p now they are 60p in shell garages.
Drinks like lucozade, oasis etc always used to be 80p, now £1.25 in garages.
car magazines knocking on the door of £5
a large starbucks is about £3 odd i think.
A salad from Phillpots in leeds (just a sandwich shop, albeit a nice one) is £4.95.
even at the cinema it's now £1 for 3d glasses and £1.50 upgrade for the premier seats and about £8 a ticket. Used to be £4.50.
Every bloody thing you do nowadays is a fiver.
Drinks in nightclubs - in leeds the other night it was £4 a tequila so for a quick round of shots that last 20 seconds before you are lining up for some more was costing about £20.
I pint of stella is now over £3 even in tatty pubs in yorkshire.
classic car inflation is high too.
houses seem to rise at more than inflation too generally speaking.
Inflation is actually really high - i personally think more than the figures suggest.
Let's not forget the public transport increases (from my place to London is getting ridiculous), and the price of raw materials and (decent) tools for hobbyist woodworkers has rocketed too.
Well understated if you ask for my real life experience.
Fittster said:
fido said:
^ ASDAs do a rollabck (£1) on them occasionally.
Is that what Merv is relying on?Edited by fido on Tuesday 14th September 17:33
SeeFive said:
Our shopping bill is spiraling out of control on regular things like meats, soft drinks and all sorts of general stuff that we buy to stay alive. Chicken breasts, soft drinks, mince, meats, veg - and have you seen the price of fish!
I'm not disagreeing with you at all, but I can cook a month's worth of dinners for about £20-30, maybe you need to shop around more and buy in bulk? £20 in Makro will buy you a 17 litre pan, I go once a month, get loads of meat and veg etc, then cook a pan full, and freeze. Use loads of different recipes and keep a freezer full that covers most of my meals, so food costs are fairly low overall.musclecarmad said:
and that's with fuel coming DOWN. God help us when it goes up and when the vat rise kicks in.
What will the CPI be in february's figures - 6% probably.
This is beyond a joke. It's absolutely ridiculous - I can't leave home now without spending £50. I don't know how people cope.
fill up car £62
parking in Leeds £15
Lunch at some cheap and nasty starbucks type place £7
God help you if you buy something like a CD/DVD/Computer or any accessories or clothes.
Just yesterday I probably spent £100 and didn't really do much other than go to headingley for a few drinks and dinner - drank cheap wine and watched a cheap studenty TV - hardly living well. Mind, you she was 20 and good in bed
They are just using this long term excuse that inflation will fall back in the medium to long term but it has been b
ks for months and months and months now. He does need the sack now.
Wait until the currency really devalues, and see what it does then.What will the CPI be in february's figures - 6% probably.
This is beyond a joke. It's absolutely ridiculous - I can't leave home now without spending £50. I don't know how people cope.
fill up car £62
parking in Leeds £15
Lunch at some cheap and nasty starbucks type place £7
God help you if you buy something like a CD/DVD/Computer or any accessories or clothes.
Just yesterday I probably spent £100 and didn't really do much other than go to headingley for a few drinks and dinner - drank cheap wine and watched a cheap studenty TV - hardly living well. Mind, you she was 20 and good in bed
They are just using this long term excuse that inflation will fall back in the medium to long term but it has been b
ks for months and months and months now. He does need the sack now.Bing o said:
musclecarmad said:
and that's with fuel coming DOWN. God help us when it goes up and when the vat rise kicks in.
What will the CPI be in february's figures - 6% probably.
This is beyond a joke. It's absolutely ridiculous - I can't leave home now without spending £50. I don't know how people cope.
fill up car £62
parking in Leeds £15
Lunch at some cheap and nasty starbucks type place £7
God help you if you buy something like a CD/DVD/Computer or any accessories or clothes.
Just yesterday I probably spent £100 and didn't really do much other than go to headingley for a few drinks and dinner - drank cheap wine and watched a cheap studenty TV - hardly living well. Mind, you she was 20 and good in bed
They are just using this long term excuse that inflation will fall back in the medium to long term but it has been bks for months and months and months now. He does need the sack now.
Wait until the currency really devalues, and see what it does then.What will the CPI be in february's figures - 6% probably.
This is beyond a joke. It's absolutely ridiculous - I can't leave home now without spending £50. I don't know how people cope.
fill up car £62
parking in Leeds £15
Lunch at some cheap and nasty starbucks type place £7
God help you if you buy something like a CD/DVD/Computer or any accessories or clothes.
Just yesterday I probably spent £100 and didn't really do much other than go to headingley for a few drinks and dinner - drank cheap wine and watched a cheap studenty TV - hardly living well. Mind, you she was 20 and good in bed
They are just using this long term excuse that inflation will fall back in the medium to long term but it has been b
ks for months and months and months now. He does need the sack now.paulrockliffe said:
SeeFive said:
Our shopping bill is spiraling out of control on regular things like meats, soft drinks and all sorts of general stuff that we buy to stay alive. Chicken breasts, soft drinks, mince, meats, veg - and have you seen the price of fish!
I'm not disagreeing with you at all, but I can cook a month's worth of dinners for about £20-30, maybe you need to shop around more and buy in bulk? £20 in Makro will buy you a 17 litre pan, I go once a month, get loads of meat and veg etc, then cook a pan full, and freeze. Use loads of different recipes and keep a freezer full that covers most of my meals, so food costs are fairly low overall.
they know me quite well in the one in chester The thing is it is silly little things like the sub of the day going up that you notice, a supermarket shop can creep up slowly and if you are on a budget will never be identical as a tin of beans will be bought on price so one month Branston, the next Heinz etc. but going from sub £2 to over £2 is noticeable. Supermarket rollbacks and special offers can disguise inflation to a degree but it is the odds and sods you really notice.
Dave_ST220 said:
paulrockliffe said:
SeeFive said:
Our shopping bill is spiraling out of control on regular things like meats, soft drinks and all sorts of general stuff that we buy to stay alive. Chicken breasts, soft drinks, mince, meats, veg - and have you seen the price of fish!
I'm not disagreeing with you at all, but I can cook a month's worth of dinners for about £20-30, maybe you need to shop around more and buy in bulk? £20 in Makro will buy you a 17 litre pan, I go once a month, get loads of meat and veg etc, then cook a pan full, and freeze. Use loads of different recipes and keep a freezer full that covers most of my meals, so food costs are fairly low overall.The wild bird food sets me back about £15 a month too
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff