TheCountOfNowhere Posted November 17, 2015 Share Posted November 17, 2015 (edited) https://mobile.twitter.com/ONS/status/666549029027844096 despite everything going up in price the CPI says 0.1% down. good for negative wage growth. Edited November 17, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 17, 2015 Author Share Posted November 17, 2015 (edited) and more good inflation too. house prices rises are accelerating. northern Ireland leading the way with money launderers now paying 10% more than a year ago. this lunacy really can't be happening. Edited November 17, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
council dweller Posted November 17, 2015 Share Posted November 17, 2015 Good..... My council rent is due to fall 1% over the next 4 years What`s not to like? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 17, 2015 Author Share Posted November 17, 2015 Good..... My council rent is due to fall 1% over the next 4 years What`s not to like? Quote Link to comment Share on other sites More sharing options...
zugzwang Posted November 17, 2015 Share Posted November 17, 2015 Generation 'No Hopers' exults the Tory scum at Torygraph Towers. http://www.telegraph.co.uk/finance/property/11999090/Generation-no-hopers-just-a-quarter-of-people-in-their-20s-and-30s-will-own-a-home-by-2025.html Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 17, 2015 Author Share Posted November 17, 2015 it's proper mental. Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted November 17, 2015 Share Posted November 17, 2015 Well houses aren't in there are they. Got to agree that consumer prices are down, petrol has tanked to an eight year low and food has dropped again, in spite of certain supermarkets (Tesco for one) trying to raise in the guise of helping British farmers. And my dual fuel bill has dropped off a cliff (-33%). Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted November 17, 2015 Share Posted November 17, 2015 (edited) May be the Bears should be celebrating these stats...bad for the Banks that are desperate for a rise in interest rates and are being crucified on loan margins and jusrt shocking for firms that can't increase prices but have increasing inputs like the living wage. We are in serious danger of a deflationary bust and unemployment unless inflation rises soon. The private sector can't keep going on falling prices and rising wage inputs. Edited November 17, 2015 by crashmonitor Quote Link to comment Share on other sites More sharing options...
R K Posted November 17, 2015 Share Posted November 17, 2015 May be the Bears should be celebrating these stats...bad for the Banks that are desperate for a rise in interest rates and are being crucified on loan margins and jusrt shocking for firms that can't increase prices but have increasing inputs like the living wage. We are in serious danger of a deflationary bust and unemployment unless inflation rises soon. The private sector can't keep going on falling prices and rising wage inputs. Oil price base effects, real wage rises & static inflation expectations says we're not. Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted November 17, 2015 Share Posted November 17, 2015 Oil price base effects, real wage rises & static inflation expectations says we're not. Well just musing RK, I always bow to your wisdom. I am after all keeping faith with Uk Equity during the present doom fest. Quote Link to comment Share on other sites More sharing options...
winkie Posted November 17, 2015 Share Posted November 17, 2015 Saw that interest rates have risen on some credit cards....just in time for repaying the cost of Christmas....if you dare. Quote Link to comment Share on other sites More sharing options...
sisyphal Posted November 17, 2015 Share Posted November 17, 2015 And my dual fuel bill has dropped off a cliff (-33%). I'm maybe going off topic here, but mine too. I used Money Saving Expert - Cheap Energy Club and was pleasantly surprised by it. Still with British Gas too, so seems odd that I went via a 3rd party to get a new tariff. But British own Gas's tariff checker/switcher is (intentionally) useless. Quote Link to comment Share on other sites More sharing options...
winkie Posted November 17, 2015 Share Posted November 17, 2015 I'm maybe going off topic here, but mine too. I used Money Saving Expert - Cheap Energy Club and was pleasantly surprised by it. Still with British Gas too, so seems odd that I went via a 3rd party to get a new tariff. But British own Gas's tariff checker/switcher is (intentionally) useless. Look out for the collective tariffs.....have to use a third party but can still stay with your existing provider, get much better price, a price your own provider can not offer you. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted November 17, 2015 Share Posted November 17, 2015 who was it that coined the phrase #turningjapanese on twitter...? Quote Link to comment Share on other sites More sharing options...
R K Posted December 15, 2015 Share Posted December 15, 2015 Oil price base effects, real wage rises & static inflation expectations says we're not. Samuel Tombs @samueltombs 1h1 hour ago #Inflation up to 0.1% in Nov. & deflation won't return. Recent ↓oil prices half 2014's drop, so its drag will ease: Were done. #turningjapaneseisbollocks Quote Link to comment Share on other sites More sharing options...
Guest eight Posted December 15, 2015 Share Posted December 15, 2015 Were done. #turningjapaneseisbollocks Thank god for that - I can buy petrol again now. In recent days I have been deferring filling the car up in the expectation of lower prices in future. Quote Link to comment Share on other sites More sharing options...
Gigantic Purple Slug Posted December 15, 2015 Share Posted December 15, 2015 Oil price base effects, real wage rises & static inflation expectations says we're not. Can't see real wage rises continuing. No job creation in high value jobs. Foreign labour bussed in to do low value jobs. That's why wages rises have been so limited. Oil price falls have contirubted to deflation, but that contribution can't continue as they won't drop much further. That said, I don't see them increasing for at least 2-3 years either. Chinese will help UK keep a lid on inflation by continuing to bail out their non profitable businesses and allow them to sell us stuff at cheaper and cheaper prices. This can't continue indefinitily. At some point they either go under in a huge bust, or they start to cull capacity to try to inflate prices. That's one tightrope I wouldn't want to walk. Either way it's going to result in price rises for us in the long term. The only get out I see for China is a massive rise in internal consumption. Maybe they can do that, in a state where you can have one family one child maybe its possible to have one family 10 tellies (minimum). Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted December 15, 2015 Share Posted December 15, 2015 Can't see real wage rises continuing. No job creation in high value jobs. Foreign labour bussed in to do low value jobs. That's why wages rises have been so limited. Oil price falls have contirubted to deflation, but that contribution can't continue as they won't drop much further. That said, I don't see them increasing for at least 2-3 years either. Chinese will help UK keep a lid on inflation by continuing to bail out their non profitable businesses and allow them to sell us stuff at cheaper and cheaper prices. This can't continue indefinitily. At some point they either go under in a huge bust, or they start to cull capacity to try to inflate prices. That's one tightrope I wouldn't want to walk. Either way it's going to result in price rises for us in the long term. The only get out I see for China is a massive rise in internal consumption. Maybe they can do that, in a state where you can have one family one child maybe its possible to have one family 10 tellies (minimum). We have a bit of an escalating factor in the minimum wage and for those not in work the pensioners triple lock comes to mind. God knows how this is compatible with deflation. It will be challenging indeed for corporations and the public sector finances should deflation persist. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 15, 2015 Author Share Posted December 15, 2015 We have a bit of an escalating factor in the minimum wage and for those not in work the pensioners triple lock comes to mind. God knows how this is compatible with deflation. It will be challenging indeed for corporations and the public sector finances should deflation persist. when you loose your job pm someone can keep their high wages then Mt suffer deflation. welcome to the public sector Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted December 15, 2015 Share Posted December 15, 2015 rpix moved alot. not looked at detail. No surprise on clothing due to relatively warm winter weather (so far). Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 4, 2016 Author Share Posted January 4, 2016 Just good defaltion to report http://www.bbc.co.uk/news/business-35217383 " Supermarkets cut diesel price to below £1 a litre" Quote Link to comment Share on other sites More sharing options...
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