While the overall the headline figure has fallen is good, food prices have increased to 4.9%. I’d say most people are still finding it tough given the inflation in food prices, I know I have!
Yet_Another_Nerd_ on
Oh good, I can put off selling a kidney til next month to buy food
No_Estimate_678 on
„Falls“.
Cool I’ll unsubscribe from r/mincewatchUK and start wiping my arse with fivers 🙂
THEANONLIE on
The cost of things are still going up in general Year on year by 3.6%.
These headlines only serve to influence public perception. To the unaware, when they say ‚ inflation has fallen‘ it would seem as though we’ve entered a deflationary environment. In the mind of the unaware they’d see ‚ inflation falls to 3.6%‘ as products (primarily food as those are the prices they’re most familiar with) are now 3.6% cheaper, when in reality the rate of these items becoming more expensive have slowed ever soo slightly.
The whole system is like this— exploiting lack of awareness.
Plastic-Suggestion95 on
I was buying Asda milk chocolate for £0.30 before Covid and now its £1.65 ….thats fking 450% raise in 6 years! And this applies to almost all groceries im buying. My salary definitely did not grow 450%
Anxious-Guarantee-12 on
Inflation is x2 times target and still Bank Of England wants to lower rates…
PieScout on
Right so if inflation is falling, why aren’t prices
Winter-It-Will-Send on
Oh this is such fantastic news! I’m really going to feel that extra 0.2% in my pocket this month. Marvellous.
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8 Kommentare
While the overall the headline figure has fallen is good, food prices have increased to 4.9%. I’d say most people are still finding it tough given the inflation in food prices, I know I have!
Oh good, I can put off selling a kidney til next month to buy food
„Falls“.
Cool I’ll unsubscribe from r/mincewatchUK and start wiping my arse with fivers 🙂
The cost of things are still going up in general Year on year by 3.6%.
These headlines only serve to influence public perception. To the unaware, when they say ‚ inflation has fallen‘ it would seem as though we’ve entered a deflationary environment. In the mind of the unaware they’d see ‚ inflation falls to 3.6%‘ as products (primarily food as those are the prices they’re most familiar with) are now 3.6% cheaper, when in reality the rate of these items becoming more expensive have slowed ever soo slightly.
The whole system is like this— exploiting lack of awareness.
I was buying Asda milk chocolate for £0.30 before Covid and now its £1.65 ….thats fking 450% raise in 6 years! And this applies to almost all groceries im buying. My salary definitely did not grow 450%
Inflation is x2 times target and still Bank Of England wants to lower rates…
Right so if inflation is falling, why aren’t prices
Oh this is such fantastic news! I’m really going to feel that extra 0.2% in my pocket this month. Marvellous.