Jump to content
House Price Crash Forum
Sign in to follow this  
TheCountOfNowhere

Food Prices Are Stable

Recommended Posts

www.bbc.co.uk/news/business-24532808

"Food prices steady"

"The ONS numbers showed that food inflation stood at around 4.8%, little changed on last month."

Errr..I think they mean, food prices shooting up and a steady rate.

Is this deliberately misleading or is the person who wrote it plain stupid ?

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites

www.bbc.co.uk/news/business-24532808

"Food prices steady"

"The ONS numbers showed that food inflation stood at around 4.8%, little changed on last month."

Errr..I think they mean, food prices shooting up and a steady rate.

Is this deliberately misleading or is the person who wrote it plain stupid ?

*cough* that entire report's mad

"air fares fell 18.7%" ? Yeah, said nobody who's flown anywhere.

As you note, food prices continue screaming upwards - onions now 30% more expensive than they were this time last year (90p/kg to £1.20/kg), and the report claims this is offset by 'falling fish prices' - ah, the falling price is why basics salmon has gone from 80p to £1.50 in the past 6 months? Madness.

We wound up having a good year for soft fruit, but the glut that resulted doesn't appear to have had any impact on till prices. Simply revolting.

Share this post


Link to post
Share on other sites

www.bbc.co.uk/news/business-24532808

"Food prices steady"

"The ONS numbers showed that food inflation stood at around 4.8%, little changed on last month."

Errr..I think they mean, food prices shooting up and a steady rate.

Is this deliberately misleading or is the person who wrote it plain stupid ?

If you look at the data you can see that food has gone up by 0.1% since last month, but is up 4.8% since last year.

I assume this is what they mean by that quote.

See page 20 of the report here: http://www.ons.gov.uk/ons/dcp171778_329287.pdf

Share this post


Link to post
Share on other sites

Food prices are not stable....potatoes and wheat prices are high, onions used to be cheap, no longer....cheese and butter still high...meat very high......any price increase never reverts down it stays high then increases.....the same as fuel......nothing will ever go down as long as they keep printing new inflation. ;)

Share this post


Link to post
Share on other sites

Tesco "beef" burgers are *from* a stable.

Share this post


Link to post
Share on other sites

So to recap:

FOOD SHOOTING UP IN PRICE.

GAS SHOOTING UP IN PRICE.

ELECTRICITY SHOOTING UP IN PRICE.

PETROL UNAFFORDABLE

GOVERNMENT TRYING TO FORCE UP THE PRICE OF HOUSES.

WAGES STAGNANT

In summary....EVERYGTHING you need ( or think you need ) they are making you pay more !!!!

And with wages stagnant and savings rates well below inflation ( and taxed ) this is nothing short of a transfer of wealth to the governments chronies.

I doubt there is anyone we can vote for to change this situation. :blink:

Share this post


Link to post
Share on other sites

we live in an oil backed world, transport taxes and the price of oil continues to cause prices to rise. If you cut fuel duty, and you cut air fright tax you would find some of these prices would fall like in the 1990s and 2000s

Share this post


Link to post
Share on other sites

So to recap:

FOOD SHOOTING UP IN PRICE.

GAS SHOOTING UP IN PRICE.

ELECTRICITY SHOOTING UP IN PRICE.

PETROL UNAFFORDABLE

GOVERNMENT TRYING TO FORCE UP THE PRICE OF HOUSES.

WAGES STAGNANT

In summary....EVERYGTHING you need ( or think you need ) they are making you pay more !!!!

And with wages stagnant and savings rates well below inflation ( and taxed ) this is nothing short of a transfer of wealth to the governments chronies.

I doubt there is anyone we can vote for to change this situation. :blink:

To counter balance perishable or what can't be hoarded essentials.....their answer is to bloat assets and make money to pay for the fast growing increases......not good for the people that have little or no assets or access to money that can make this hypothetical money......inflation is no good for people that can't pay for that inflation. ;)

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   222 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.