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Showing results for tags 'Deflation'.
LInk: Washington Post There are many threads at the moment about 'good and bad deflation'. Well, our own lovely George Osborne has argued that the UK has good deflation, while those foreign chaps have it bad. And on the Spanish thread, economist Edward Hugh suggests that 'good deflation' is by no means impeding the 'Spanish recovery'. . . may even be helping. So what should we think about Ukraine? I have a girlfriend from Ukraine staying at the moment who is soooh looking forward to paying off her credit card bill at the end of the month . . . buy with good money and pay back with bad. No
Telegraph 24/10/14 'Butchers, bakers and fishmongers have been forced to reduce their prices for the first time in a decade as shoppers flock to Aldi and Lidl for cheap deals, figures indicate. A price war between supermarkets over the past year has forced food prices so low that even local shops made reductions, according figures from the Office for National Statistics. Supermarkets reduced prices by 1.5 per cent on average in 12 months, following a downward trend that started two years ago as the big names offered more cheap deals. However, not since 2004 had the cost of meat, fish, vege
More deflation ? I've just visited the local scrap yard to be told by the manager that iron scrap prices have " Collapsed " by 25% Stainless steel prices have also dropped significantly, Aluminium is so-so. Metal Price Guide in previous months http://www.letsrecycle.com/prices/metals/ferrous-metal-prices/ferrous-metal-prices-2014/