Inflation up to 4.4%

[Andyhsufc]

http://news.bbc.co.uk/1/hi/business/7555788.stm

What do people think?

 

[Mad Cyril]

I am starting to get concerned about the rising price of groceries.

I worked out that my family are doing around £800 a month at Sainsburys. (Spending, not stealing.)

 

[Mad Cyril]

Obviously no one is bothered.

 

[Pubey]

to save on electricity i'm keeping all my posts short:

yeah i'm bothered

 

[Swiss Tony]

Chuck this government out,time for a change maybe.

 

[SUFC_Al]

and will my (overdue) payrise be in line with that.....my arse it will

 

[osymandus]

Find away of devalucing teh products and capping the insaine profits of greedy companies ??

 

[The Flying Scotsman]

The people of Britain have been overspending for too long. Its about time everyone started living to their means again.

 

[OldBlueLady]

and will my (overdue) payrise be in line with that.....my arse it will

This is the whole problem though isn't it? The cost of everything essential is rising far and away more quickly than our wages, which is why so many people are struggling. The number of repossessions and bankruptcies is increasing month on month I believe.

I don't think I'm quite near £800 yet, but probably £600 easily on the weekly shop over a month and then the milk and occasional forays elsewhere on top, I'm probably not too far off. It's truly frightening to think how much a fairly basic menu of food costs for a family of 4 over the course of one day.

 

[BLUEBLOOD]

This is the whole problem though isn't it? The cost of everything essential is rising far and away more quickly than our wages, which is why so many people are struggling. The number of repossessions and bankruptcies is increasing month on month I believe.

I don't think I'm quite near £800 yet, but probably £600 easily on the weekly shop over a month and then the milk and occasional forays elsewhere on top, I'm probably not too far off. It's truly frightening to think how much a fairly basic menu of food costs for a family of 4 over the course of one day.

Thats nothing Kay .. how do you think us single lads are meant to be able to afford our takeaways and endless offy raids .. its getting ridiculous !!!!!!

 

[Rusty Shackleford]

Real inflation is probably more like 15%. I'm moving to Colombia where they know how to run a stable economy.

 

[Holy Joe]

http://news.bbc.co.uk/1/hi/business/7555788.stm

What do people think?

That's CPI - RPI is up to 5% and if your weekly shop doesn't include a plasma TV, down 11% in June, inflation will feel more like 20%

 

[Hotman]

The people of Britain have been overspending for too long. Its about time everyone started living to their means again.

actually, i would be more inclined to suggest htat people now max out available credit and buy appreciating assets.

 

[sufcintheprem]

As a lady pointed out to me in a queue at my local Tesco's Metro, I could have made my own pizza dough and topped it myself for a fraction of the price. I could and I could also go on holiday in France or the UK not to mention going out less, walking rather than using public transport, mending stuff rather than replacing it and losign less balls on the golf course.

Surely the whole point of studenthood is to teach you ways to cope when there's an economic downturn.

Beans on toast, thankyou very much...