Friday, April 20, 2012
Affordability is a big blocker for young buyers
AA - Petrol Prices Exceed Family Food Bills
"The price of petrol at the pumps has risen to a new high, exceeding the cost of an average family weekly food shop for the first time. After a brief halt following weeks of increases, the average cost of petrol has gone up to 142.48p a litre, according to motoring group AA". On inflation - another over-optimistic guesstimate from the BoE bites the dust. (Mervyn will blame those dastardly tanker drivers, for sure).
Posted by alan @ 04:37 PM (1199 views)
2 thoughts on “Affordability is a big blocker for young buyers”
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libertas says:
This won’t last for long, for as sure as night follows day, these higher fuel prices will feed into higher food prices in the next twelve months. That could turn around if the psychopaths ruling this Country decide to bomb Iran, causing fuel to go into the lead again, for a short while.
techieman says:
…. but then again…. http://www.telegraph.co.uk/motoring/9215714/Petrol-prices-expected-to-drop-by-5p-a-litre.html