Is Inflation Kicking Off? Prices rising everywhere
Posted 25 February 2013 - 02:11 PM
The inflation figure for february won't be due until the middle of next March, and will be flattered by the data "falling out" of the calculation (prices rose substantially between january and february last year and this effect will fall from the calculation). Inflation over the spring may well push the BoE in unexpected and uncomfortable directions.
Posted 25 February 2013 - 02:16 PM
Twice the amount of QE they had pencilled in?
It does seem though that the slow motion trainwreck we have bene analysing on this site for eons is gathering momentum.
- Inflation to drop sharply and to a level that makes pay rises and savings account rates seem half decent
- BTL to be revealed as the next financial disaster in the making as potential tenants buy lower priced houses
- Progress to be made toward the market bottoming out from 2015, so more falls but not as seen in 08-09
Posted 25 February 2013 - 02:19 PM
Posted 25 February 2013 - 02:25 PM
250g of excellent Grahams Dairies unsalted butter down to 88p from £1.20. Special offer of course.
You need to buy on the offers and ignore the rest I'm afraid.
Now Sierra Nevada Pale Ale has risen from £1.89 in Sains/Tesco to £2.09. I only buy a few bottles in, for when my mate comes round as it is all he drinks. Its imported and so has risen a lot in price.
Lidl had cheap diced steak or something over the weekend. Some woman at the till bragging she had grabbed all that was left. Could have slapped her. Sometimes Lidl ration customers.
This post has been edited by Secure Tenant: 25 February 2013 - 02:28 PM
Secure Long Term Tenancies For All - Don't Accept AST Crap
Posted 25 February 2013 - 02:30 PM
Goldman long gold, then?
Posted 25 February 2013 - 02:38 PM
Posted 25 February 2013 - 02:41 PM
Wage inflation is bad, Mystic Merv said so. This was the only inflation he was really concerned about as the proles had to eat 5h1t and like it. Inflation everywhere else was perfectly acceptable.
Looting: The Economic Underworld Of Bankruptcy For Profit
The exponential growth of debt and the unsustainability of debt
The logic of HPI @ 10% YoY means your £100k house would be worth £1.38bn in 100 years
Paying down my mortgage with money found on the street
It's time to sue the Bank of England / Federal Reserve for GROSS NEGLIGENCE
If DEBT is the problem REPAYMENT is the solution or you default
"Northern unemployment is an acceptable price to pay for curbing southern inflation" Eddie George former Governor of the Bank of England
New digest on the credit crisis and economy Part2 Part 3
Posted 25 February 2013 - 03:09 PM
Just a month ago Goldman Sachs's analyists were advising investors to go long in gold and gold went in the opposite direction.
Once again the conrtarian indictaor is flashing.
By Glenys Sim - Jan 21, 2013 3:51 PM GMT+0100
Gold may climb over the next three months as U.S. lawmakers attempt to tackle the country’s debt ceiling and the world’s largest economy slows, Goldman Sachs Group Inc. said, advising investors to place bets on advances.
“We see current prices as a good entry point to re- establish fresh longs,” analysts Damien Courvalin and Alec Phillips wrote in a Jan. 18 report. The bank reiterated a three- month target of $1,825 an ounce, as well as a forecast for prices to weaken in the second half as the U.S. economy rebounds.
This post has been edited by Take Me Back To London!: 25 February 2013 - 03:28 PM
Posted 25 February 2013 - 03:22 PM
I still do, cost co £21.50 20 lt last time I bought it from them but tesco had a 2 for 1 on there 3liter bottles just after Xmas so I stocked up on that
Posted 25 February 2013 - 03:26 PM
You need to be more specific with your question. For the average worker who are competing with global / EU labour supplies - no.
Those who live off state/EU subsidies, indexed link pension, those who run the central bank - yes.
Posted 25 February 2013 - 03:28 PM