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-   -   Rising cost of living (https://www.cableforum.uk/board/showthread.php?t=33710461)

TheDaddy 20-10-2021 02:27
Re: Rising cost of living
 
Quote:
Originally Posted by papa smurf (Post 36098063)
at <0.9% we are hardly the bad guys,and "slavery?" get a grip.
Iirc since the world became industrialised we are the number 1 plouters, wow finally we're the best at something, surprised bozo isn't claiming this as an achievement

nomadking 20-10-2021 08:12
Re: Rising cost of living
 
Quote:
Originally Posted by Carth (Post 36098141)
You said plants & businesses :p:


edit: . . . and if shops still have one year old TV's for sale, they're buying too many in :)
As in manufacturing plants(eg Fertilizer manufacturing which produces food grade CO2 as a by-product, Steel plants).
I said "manufactured". The cost to the seller will have been set months ago, before more recent cost increases. Although some of them might still start to filter through.
Your initial response(post #84) about buying for lower prices was in connection to food prices.

Carth 20-10-2021 10:08
Re: Rising cost of living
 
oh . . ok then . . if you say so . . I guess . .



whatever . . .

Pierre 20-10-2021 11:16
Re: Rising cost of living
 
Inflation actually dropped today, as the recent rise was not demand led, it was supply led. Inflation looks like it may yoyo around for several months whilst the global supply chain evens itself out.

nomadking 20-10-2021 11:31
Re: Rising cost of living
 
Quote:
Originally Posted by Pierre (Post 36098181)
Inflation actually dropped today, as the recent rise was not demand led, it was supply led. Inflation looks like it may yoyo around for several months whilst the global supply chain evens itself out.
A 0.1 drop is hardly earth-shattering. In part, all it means is that some price increases of August last year were higher than increases in August of this year. Then the very recent increases(eg gas and electric) have yet feed in.
Link
Quote:
The increase in the cost of living, as measured by the Consumer Prices Index, fell to 3.1% in the year to September, down from 3.2% in August.
Higher prices for transport were the biggest contributor to price rises.
It comes after the Bank of England warned it "will have to act" over rising inflation, suggesting interest rates may rise soon.
The inflation rate fell back slightly last month because prices in restaurants rose less this August than last August when the Eat Out to Help Out Scheme was running, the Office for National Statistics said.

Pierre 20-10-2021 11:37
Re: Rising cost of living
 
Quote:
Originally Posted by nomadking (Post 36098182)
A 0.1 drop is hardly earth-shattering
Not Earth shattering no, but nobody expected it.

Taf 20-10-2021 13:00
Re: Rising cost of living
 
Which month's CPI is used to set Benefits and Pension increases?

Or is Rishi about to drop them back to "austerity" levels of 0%

Sephiroth 20-10-2021 13:35
Re: Rising cost of living
 
If ever state pensioners needed the triple lock, it's now.

1andrew1 21-10-2021 23:40
Re: Rising cost of living
 
How it was predicted:
Quote:
22.07.17 Brexit will REDUCE food, wine and clothes costs by 20% - Rees-Mogg fires back at Remainers
EXCLUSIVE: Leaving the European Union (EU) will reduce people’s food, wine and clothes bills by up to 20 per cent, said Brexiteer Jacob Rees-Mogg.
https://www.express.co.uk/news/polit...er-20-per-cent

How it's going:
Quote:
21.10.21 Interest rate hike ‘inevitable’ as inflation poised to cripple UK economy
INTEREST rate hikes are now almost an inevitability - and they could spell disaster for the British economy.
https://www.express.co.uk/news/uk/15...ple-UK-economy

Quote:
21.10.21 UK inflation could go "above five per cent" this winter says new BoE chief economist
https://www.msn.com/en-gb/money/othe...cid=uxbndlbing

RichardCoulter 21-10-2021 23:52
Re: Rising cost of living
 
Quote:
Originally Posted by Taf (Post 36098192)
Which month's CPI is used to set Benefits and Pension increases?

Or is Rishi about to drop them back to "austerity" levels of 0%
AFAIK this month will set the uprating for next April.

---------- Post added at 23:52 ---------- Previous post was at 23:51 ----------

Quote:
Originally Posted by Sephiroth (Post 36098195)
If ever state pensioners needed the triple lock, it's now.

..however, the triple lock has been suspended for pensioners, so benefits might again be frozen or uprated below inflation.

Julian 22-10-2021 12:32
Re: Rising cost of living
 
State pension figures for next year are outlined HERE :)

spiderplant 22-10-2021 12:40
Re: Rising cost of living
 
Quote:
Leaving the European Union (EU) will reduce people’s food, wine and clothes bills by up to 20 per cent[, said Brexiteer Jacob Rees-Mogg
He's right. You can't spend money if the shelves are empty.

papa smurf 22-10-2021 12:42
Re: Rising cost of living
 
Quote:
Originally Posted by Julian (Post 36098456)
State pension figures for next year are outlined HERE :)
Robbing turds:td:

daveeb 22-10-2021 12:50
Re: Rising cost of living
 
Quote:
Originally Posted by spiderplant (Post 36098458)
He's right. You can't spend money if the shelves are empty.

Maybe he expects people to send their Butler to Aldi now rather than Fortnum and Masons for that big saving.

papa smurf 22-10-2021 12:53
Re: Rising cost of living
 
Quote:
Originally Posted by daveeb (Post 36098460)
Maybe he expects people to send their Butler to Aldi now rather than Fortnum and Masons for that big saving.
The parking spaces at aldi aren't big enough to fit the Rolls Royce ;)


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