Just a quick look at inflation before the metaphorical printing presses run this afternoon.
The reason that we are able to print money today is because we have low inflation, will be Alistair's foundation for doing so, as we watch prudence's last fig leaf blow away.
Food inflation however, which has the biggest impact on households, rose 9% year on year. Non food fell 2%. The weak pound vs the euro is pushing more of our home grown food overseas, for higher prices. Farmers have seen a 36% increase in real incomes over the last year. Good news for them, less for anyone who shops..or buys food..or eats.
The 9% food increase {British Retail consortium} BRC figs shows a 1.9% increase across all sectors.
That hoped for Minus inflation figure is looking ever more fantasy.
18 comments:
Economic indicators show that inflation threats are right around the corner. Eric Fry of the Rude Awakening examines 6 ETFs and how to prepare for the “near-certain arrival of inflation.” He says now is the time to be wary of price increases and these ETFs act as an “insurance policy” to hedge against them.
The guitar shop I visit reports that his new stock is to retail 20% higher in the next few weeks. I expect this to be the same for all imported goods.
We never did have low inflation btw. It was a lie promulgated on the exclusion of key items and the refusal to acknowledge that goods such as lightbulbs and matches (though remaining cheap) were getting shoddier.
Have you noticed how often you're changing lightbulbs ? They used to last for years.
I like to keep a stash of cash handy for purchasing, how much is it worth now that the country is flooded with counterfeit Labour party notes?
e-k; yeah, Tesco lightbulbs are particularly short-lived.
We already import 51% of what we eat; a weak pound that encourages exports and raises this will rightly stoke inflation. The struggling classes - those for whom Gordon's 10p tax disaster was a painful personal disaster - are already seeing a real downturn in their standard of living. The £1.99 sliced loaf is closer than we think.
Followed you here from the Tom Harris blog.
http://www.1party4all.co.uk/Home/Account/TopicForm.aspx?topicsId=104
has a few recommendations inviting your comments about what to do about single mums.
(a) deprive a single mother of child benefit if she cannot produce a marriage certificate
(b) fine the single mother for producing an illegitimate baby, say £1000, if she does not name the father
(c) require her parent(s) to pay this sum if she cannot or will not
(d) fine the father of an illegitimate child a sum of money, say £1000
(e) require the parent(s) of that father to pay this sum if he cannot pay it himself
(f) require that the mother give up the child for adoption before more lives are ruined
Interest rates must rise. Despite what the Deluded One wants or says, the market will drive them up.
That at least will provide some relief for savers -- many of whom are the elderly, for whom food costs are disproportionate. Trouble is, will savers get a real net return? I don't think so.
Contrarian Profits. Commodities,Inflation beating savings products or the old faithful gold. Nothing about property in there though? also its interesting to a search on wine to hedge inflation. Seems to be a whole industry.
EK. Putting up prices today myself. It wasn't as hard a decision as I feared. The meeting went
* The cost price has risen
* We need to maintain margin
* Absorbing the cost won't shift more units.
* Allows a small area for future discounts/sales.
I would think that only very price sensitive items are being held down deliberately.
And EK - Dearieme. I had noticed that myself. Batteries that are dirt cheap now are also rubbish. On the index Batteries, bin liners, beans, light bulbs are all cheaper. But same quality are not as cheap.
Houdini:
Shame none of the News programs had that almost diesel sound large printers make, overlaying the news.even a photocopier noise would be good.
Its not the same with just the faint clack of a keyboard and an IT clerk turning to the chancellor and saying "£75 billion..you say ohhhhh kayyy! {tap..tap..tap} Thats done."
Raedwald. Part of the individual item sales data at the supermarkets is supposedly showing a decrease in pre packaged or ready made foods and an increase in ingredients sales. Tesco were saying they have never given out so many of of their free 'recipe/ marketing flyers. That may be partly why the 9% hasn't hit home yet.
Andromeda. Not sure of any of those. Seem very extreme.
People make bad choices. I wouldn't punish them for it, but I wouldn't reward them for them either.
Dennis.
Imagine if interest rates were to rise as quickly as they fell.
That's why Mrs BQ is begging me not to buy a new car but to stash spare {low interest rates gained} cash into accounts even at near zero rates.
I call for a new currency. At least here it is not illegal to trade in foreign currency as it was until recently in Zim.
The Euro is the obvious one apart from that is about to explode. How about the Singapore Dollar?
perhaps the cost of meat, which in its most industrially intensive form is a real blight on the planet and our collective health, was held too low for too long.
this might be a shot in the arm for the proper local butcher. Lord knows people need to reconnect with where their meat comes from and what value there is to be had from other cuts, instead of the pre-packed sliced and diced stuff.
without wishing to come over all Hugh-FW, but if youve paid a bit more, you're less likely to bin something just because its 5 minutes past what J Sainsbury says it should be eaten, and more likely to plan a bit better.
So now they are using the faked inflation rate to justify more of browns madness.
Its a political tool that just keeps giving.(just like brown)
I just paid the same for a bottom-of-the-range tyre that I paid for a top-of-the-range tyre a year ago. Where is this bloody deflation?
I thought food inflation was when you added an extra layer of cheese onto your burger.
N Power
BE. I think Mexican peso will be the currency of choice. All part of our new, friends with the USA but no special relationship status.
ROYM . i think the closure of the small abattoirs has done great harm to local farmers. Luckily I have a local butcher and local supermarket doesn't do anything more than bacon.
Mitch. Indeed. Not even sure if he's the sharpest tool in that particular box..
Lilith. I can only assume the deflation was in the tyre you needed to replace?
LFaT. That will do it too.
DP. Nth Power
Quite so Bill
aaaa片, 免費聊天, 咆哮小老鼠影片分享區, 金瓶梅影片, av女優王國, 78論壇, 女同聊天室, 熟女貼圖, 1069壞朋友論壇gay, 淫蕩少女總部, 日本情色派, 平水相逢, 黑澀會美眉無名, 網路小說免費看, 999東洋成人, 免費視訊聊天, 情色電影分享區, 9k躺伯虎聊天室, 傑克論壇, 日本女星杉本彩寫真, 自拍電影免費下載, a片論壇, 情色短片試看, 素人自拍寫真, 免費成人影音, 彩虹自拍, 小魔女貼影片, 自拍裸體寫真, 禿頭俱樂部, 環球av影音城, 學生色情聊天室, 視訊美女, 辣妹情色圖, 性感卡通美女圖片, 影音, 情色照片 做愛, hilive tv , 忘年之交聊天室, 制服美女, 性感辣妹, ut 女同聊天室, 淫蕩自拍, 處女貼圖貼片區, 聊天ukiss tw, 亞亞成人館, 777成人, 秋瓷炫裸體寫真, 淫蕩天使貼圖, 十八禁成人影音, 禁地論壇, 洪爺淫蕩自拍, 秘書自拍圖片,
做愛的漫畫圖片, 情色電影分享區, 做愛ㄉ影片, 丁字褲美女寫真, 色美眉, 自拍俱樂部首頁, 日本偷自拍圖片, 色情做愛影片, 情色貼圖區, 八國聯軍情色網, 免費線上a片, 淫蕩女孩自拍, 美國a片, 都都成人站, 色情自拍, 本土自拍照片, 熊貓貼圖區, 色情影片, 5278影片網, 脫星寫真圖片, 粉喵聊天室, 金瓶梅18, sex888影片分享區, 1007視訊, 雙贏論壇, 爆爆爽a片免費看, 天堂私服論壇, 情色電影下載, 成人短片, 麗的線上情色小遊戲, 情色動畫免費下載, 日本女優, 小說論壇, 777成人區, showlive影音聊天網, 聊天室尋夢園, 義大利女星寫真集, 韓國a片, 熟女人妻援交, 0204成人, 性感內衣模特兒, 影片, 情色卡通, 85cc免費影城85cc, 本土自拍照片, 成人漫畫區, 18禁, 情人節阿性,
情色電影, aio交友愛情館, 言情小說, 愛情小說, 色情A片, 情色論壇, 色情影片, 視訊聊天室, 免費視訊聊天, 免費視訊, 視訊美女, 視訊交友, ut聊天室, 視訊聊天, 免費視訊聊天室, a片下載, av片, A漫, av dvd, av成人網, 聊天室, 成人論壇, 本土自拍, 自拍, A片, 愛情公寓, 情色, 舊情人, 情色貼圖, 情色文學, 情色交友, 色情聊天室, 色情小說, 一葉情貼圖片區, 情色小說, 色情, 色情遊戲, 情色視訊, 情色電影, aio交友愛情館, 色情a片, 一夜情, 辣妹視訊, 視訊聊天室, 免費視訊聊天, 免費視訊, 視訊, 視訊美女, 美女視訊, 視訊交友, 視訊聊天, 免費視訊聊天室, 情人視訊網, 影音視訊聊天室, 視訊交友90739, 成人影片, 成人交友,
免費A片, 本土自拍, AV女優, 美女視訊, 情色交友, 免費AV, 色情網站, 辣妹視訊, 美女交友, 色情影片, 成人影片, 成人網站, A片,H漫, 18成人, 成人圖片, 成人漫畫, 情色網, 日本A片, 免費A片下載, 性愛, 成人交友, 嘟嘟成人網, 成人電影, 成人, 成人貼圖, 成人小說, 成人文章, 成人圖片區, 免費成人影片, 成人遊戲, 微風成人, 愛情公寓, 情色, 情色貼圖, 情色文學, 做愛, 色情聊天室, 色情小說, 一葉情貼圖片區, 情色小說, 色情, 寄情築園小遊戲, 色情遊戲, 情色視訊,
Post a Comment