Monday, March 23, 2009

Recording the Prices but Not the Cost

Rosé wine and rotisserie chicken is added to the measure of inflation...

"In a world where families don't have the money to eat out or the time to cook a full meal, the supermarket rotisserie chicken has become a staple purchase.The Office of National Statistics (ONS) today added the shop-bought cooked chicken to the basket of goods used to calculate changes in the cost of living". However, families who are facing big increases in the cost of putting fresh food on the table may find such figures very hard to swallow.

Posted by alan @ 10:09 PM (877 views)
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4 thoughts on “Recording the Prices but Not the Cost

  • last_days_of_disco says:

    I don’t know I have certainly bought the pre-cookde chicken before. Its not that expensive and if you have kids its saves a lot of mess and hassle. I think its more a reflection of how hard families have to work that they don’t have time to prepare their own food.

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  • inflation is eating my savings says:

    these chickens are always tempting- i’m not sure it is how hard people work, but just how poor they are at organising themselves after a generation of parent hippies and feminists lost the plot and assumed they could smoke/burn their way to dinner.
    To paraphrase a dead philandering feminist novelist “my mother never had a refrigerator, but nothing was wasted”.

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  • manipulating the inflation bucket will not help

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  • By constantly changing how it is calculated they are making sure that it is never possible to get a real comparison over time.

    Smoke and mirrors and navel contemplation.

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