TheCountOfNowhere Posted October 15, 2013 Share Posted October 15, 2013 (edited) 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 October 15, 2013 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Dorkins Posted October 15, 2013 Share Posted October 15, 2013 (edited) . Edited October 15, 2013 by Dorkins Quote Link to comment Share on other sites More sharing options...
bristolhunter Posted October 15, 2013 Share Posted October 15, 2013 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. Quote Link to comment Share on other sites More sharing options...
Balloonist Posted October 15, 2013 Share Posted October 15, 2013 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 Quote Link to comment Share on other sites More sharing options...
winkie Posted October 15, 2013 Share Posted October 15, 2013 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. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted October 15, 2013 Share Posted October 15, 2013 horse prices are stable. Quote Link to comment Share on other sites More sharing options...
justthisbloke Posted October 15, 2013 Share Posted October 15, 2013 Tesco "beef" burgers are *from* a stable. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 15, 2013 Author Share Posted October 15, 2013 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. Quote Link to comment Share on other sites More sharing options...
AteMoose Posted October 15, 2013 Share Posted October 15, 2013 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 Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted October 16, 2013 Share Posted October 16, 2013 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 It's a travesty to use the word stability in the circumstances. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 16, 2013 Author Share Posted October 16, 2013 horse prices are stable. I see what you did there. Quote Link to comment Share on other sites More sharing options...
winkie Posted October 16, 2013 Share Posted October 16, 2013 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. 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. Quote Link to comment Share on other sites More sharing options...
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